Tech Company Financing Transactions
Faction Technology Funding Round
Faction Technology, operating out of San Francisco, secured $4.3 million from Fifty Years, Trucks Venture Capital and private investors.
Transaction Overview
Company Name
Announced On
6/3/2021
Transaction Type
Venture Equity
Amount
$4,300,000
Round
Seed
Investors
Fifty Years (Lead Investor)
Trucks Venture Capital (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
20 South Linden Ave. 5A
San Francisco, CA 94080
USA
San Francisco, CA 94080
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Faction develops driverless vehicles that have the speed and performance of cars, but at the cost of a motorcycle. We've completed our first prototypes and this summer we're launching trials for micro-delivery and ride-on-demand.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ain McKendrick
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We document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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