Tech Company Financing Transactions
Paradromics Funding Round
Paradromics secured a $7 million Seed funding round on 6/12/2018. Investors included Arkitekt Ventures, Synergy Partners and Alpha Edison.
Transaction Overview
Company Name
Announced On
6/12/2018
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Seed
Investors
Arkitekt Ventures (Lead Investor) (Enke Bashllari)
Synergy Partners (Lead Investor)
Proceeds Purpose
The financial backing and strategic expertise of our investors will help us expand the team, grow the IP portfolio and more rapidly execute our technical development plan.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
4030 W Braker Ln. 250
Austin, TX 78759
USA
Austin, TX 78759
USA
Phone
Undisclosed
Website
Email Address
Overview
Paradromics is developing high-volume bidirectional data streaming capabilities between brains and computers. Our neural interface technologies will initially be used to help physically disabled patients reconnect with the outside world -- with infinite possibilities beyond.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Thomas Krummel
Chief Executive Officer
Matthew Angle
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