Tech Company Financing Transactions
uAvionix Funding Round
uAvionix closed a $5 million Series A funding round on 4/29/2016. Investors included Playground Global and private investors.
Transaction Overview
Company Name
Announced On
4/29/2016
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Playground Global (Lead Investor) (Andy Rubin)
Proceeds Purpose
The investment will be used to further accelerate the development and commercialization of uAvionix's groundbreaking avionics system.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
300 Pine Needle Ln.
Bigfork, MT 59911
USA
Bigfork, MT 59911
USA
Phone
Website
Email Address
Overview
uAvionix develops the world's smallest, lightest and most affordable family of ADS-B transponders, receivers and navigation tools. uAvionix' Ping network system combines hardware, software, and real time airspace mapping to enable companies to safely and reliably operate drones in the NAS.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Beard
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Our team works diligently to record every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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