Tech Company Financing Transactions
Silq Funding Round
On 3/9/2022, Silq raised $17.6 million in Series A funding from F-Prime Capital, Flexport and Eight Roads.
Transaction Overview
Company Name
Announced On
3/9/2022
Transaction Type
Venture Equity
Amount
$17,600,000
Round
Series A
Investors
Proceeds Purpose
Silq plans to use the new funding to expand its footprint of factory partners around the world, grow its team of on-site merchandisers and quality inspectors across Asia and invest in technology development.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
3031 Tisch Way 110 Plaza West Suite 1048
San Jose, CA 95128
USA
San Jose, CA 95128
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of a production monitoring technology designed for production keepers to manage the supply chain. The company's platform gives on-the-ground information from the factory floor to enhance product quality, anticipate bottlenecks, and reduce waste, it provides data about costing, inventory replenishment, and sales forecasting, enabling inventory managers to execute on-site monitoring in a simplified way.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Vishnu Nair
Chief Executive Officer
Ram Radhakrishnan
VP - Operations
Kate Alexander
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