Tech Company Financing Transactions
Pico MES Funding Round
On 5/10/2022, Pico MES raised $6.8 million in Seed funding from Congruent Ventures, Lemnos and Schneider Electric Ventures.
Transaction Overview
Company Name
Announced On
5/10/2022
Transaction Type
Venture Equity
Amount
$6,750,000
Round
Seed
Investors
Proceeds Purpose
The funds will enable Pico to improve its tools and expands its sales, marketing and development teams.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
303 Twin Dolphin Dr. 600
Redwood City, CA 94065
USA
Redwood City, CA 94065
USA
Phone
Undisclosed
Website
Email Address
Overview
The idea of Pico formed when Pico's three founders recognized the significant impact small and mid-sized factories have on the supply chain. Roughly 80% of all operations in manufacturing are performed by people. America is home to over 600,000 manufacturing businesses - most of which are small and mid-sized.
Management Team
Title
Name
Email & Social
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