Tech Company Financing Transactions
Xtraction Services Funding Round
Xtraction Services, based in Clermont, secured $2.8 million in funding from Archytas Ventures, Ollerhead Capital and Quinsam Capital.
Transaction Overview
Company Name
Announced On
6/8/2018
Transaction Type
Venture Equity
Amount
$2,800,000
Round
Series B
Investors
Proceeds Purpose
With its new syndicate of institutional investors, XS is able to stock inventory to deploy on-demand equipment to operators, with no wait time. Additionally, XS provides in-house financing to customers to remove any barriers to entry in equipment acquisitions.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
15701 SR-50 203
Clermont, FL 34711
USA
Clermont, FL 34711
USA
Phone
Website
Email Address
Overview
The engineering team at Xtraction Services led by the renowned electrical and thermal dynamics engineer, Dr. Dwayne Dundore. His background spans numerous commercial and industrial design installations, which have received multiple awards and designations. Dr. Dundore has received acclaim amongst engineering societies for proficiency and quality.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dwayne Dundore
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