Tech Company Financing Transactions
Neural Propulsion Systems Funding Round
Neural Propulsion Systems, based in Pleasanton, secured $17.5 million from Cota Capital, GM Ventures and RTX Ventures.
Transaction Overview
Company Name
Announced On
3/8/2024
Transaction Type
Venture Equity
Amount
$17,500,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to further develop and apply its Atomic Sensing Platform to automotive radar technology.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
6800 Koll Center Pkwy 200
Pleasanton, CA 94566
USA
Pleasanton, CA 94566
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Founded in 2017 by Silicon Valley experts, revolutionizes radar technology. Our patented algorithms deliver unprecedented resolution, precision, and reliability. By surpassing human vision, our radar empowers vehicle operators to navigate even the most complex road conditions. Utilizing the atomic norm mathematical framework, we redefine sensor data processing and comprehension.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Behrooz Rezvani
Chief Technical Officer
Babak Hassibi
VP - Engineering
Saman Behtash
VP - Operations
Alysson Do
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Where The Data Comes From
Our team works diligently to record tech company VC transactions. VC investment data records reported here 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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