Tech Company Financing Transactions
Xwing Funding Round
On 5/22/2020, Xwing raised $10 million in Series A financing from R7 Partners, Alven Capital Partners and Eniac Ventures.
Transaction Overview
Company Name
Announced On
5/22/2020
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Proceeds Purpose
The investment will be used to expand Xwing's team of experienced aerospace and autonomous software engineers, and to scale the development of its software stack that tackles the remaining challenges of autonomous flight.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
292 Ivy St. A
San Francisco, CA 94102
USA
San Francisco, CA 94102
USA
Phone
Website
Email Address
Overview
The company brings together experts in unmanned and optionally-piloted aircraft, flight control systems (including at DO-178 Design Assurance Level A), redundancy management, and sensor fusion, along with the best software talent the Bay Area offers to achieve our goal of autonomous flight.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Marc Piette
Chief Technical Officer
Maxime Gariel
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