Tech Company Financing Transactions
Totum Labs Funding Round
Heroic Ventures, Space Capital and Qualcomm Ventures participated in a $13 million Series A funding round for Totum Labs. The round was announced on 12/1/2020.
Transaction Overview
Company Name
Announced On
12/1/2020
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
3990 Old Town Ave. A204
San Diego, CA 92110
USA
San Diego, CA 92110
USA
Phone
Undisclosed
Website
Email Address
Overview
Totum Labs has invented and is commercializing Doppler Multichannel Spread Spectrum (DMSS) to enable tracking and monitoring of billions of assets. Totum Labs' network coverage leverages a constellation of Low Earth Orbit (LEO) nanosatellites and small, low cost modules with embedded antennas and battery life of 10+ years.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ted Myers
Chief Operating Officer
Scott Hughes
Chief Technical Officer
Matthew Hughes
VP - Engineering
Dennis Espey
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Where The Data Comes From
Our team works diligently to document every notable VC transaction. VC transactions reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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