Tech Company Financing Transactions
Volans-i Funding Round
Lightspeed Venture Partners and Y Combinator participated in a $20 million Series A funding round for Volans-i. The financing round closed on 5/14/2019.
Transaction Overview
Company Name
Announced On
5/14/2019
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Lightspeed Venture Partners (Lead Investor)
Proceeds Purpose
The Series A funding enables Volans-i to expand its operations in the commercial and defense markets and build out its product offerings.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
545 Sutter St. 400
San Francisco, CA 94102
USA
San Francisco, CA 94102
USA
Phone
Website
Email Address
Overview
Volans-i builds and operates long-range, high-payload unmanned aerial systems for various applications, such as delivery of spare parts and medical supplies. We help our customers save millions of dollars on down-time costs, receive life-saving supplies when needed most, and conduct demanding industrial jobs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hannan Parvizian
Founder
Wesley Zheng
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We report on every notable VC transaction. VC transactions on this site are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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