Tech Company Financing Transactions
Physna Funding Round
Physna, operating out of Cincinnati, scored $20 million from Sequoia Capital and Drive Capital.
Transaction Overview
Company Name
Announced On
2/2/2021
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Sequoia Capital (Lead Investor) (Shaun Maguire)
Drive Capital (Mark Kvamme)
Proceeds Purpose
The funds will be used to grow the team and increase development to meet Physna's growing demand.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
30 W 3rd St. 5th Floor
Cincinnati, OH 45202
USA
Cincinnati, OH 45202
USA
Phone
Website
Email Address
Overview
Physna, short for Physical DNA, is a revolutionary technology that compares and analyzes 3D models through shape search, quality control and more in various industries. Physna is most commonly used in engineering and CAD design, manufacturing, aerospace, defense and diverse types of inspection automation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Powers
Chief Technical Officer
Dennis DeMeyere
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