Tech Company Financing Transactions
QuadSAT Funding Round
QuadSAT secured a $9.7 million Series A funding round on 3/16/2023. Investors included IQ Capital Fund, private investors and Seraphim Space.
Transaction Overview
Company Name
Announced On
3/16/2023
Transaction Type
Venture Equity
Amount
$9,698,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to scale up its operations, expand its product range and bring its technology to more customers in the market.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Lufthavnvej 151
Odense N, DK-5270
DK
Odense N, DK-5270
DK
Phone
Website
Email Address
Overview
QuadSAT is a Danish company founded in 2017 that supplies drone-based antenna testing and tracking solutions to the satellite, defence, wireless and broadcast markets. QuadSAT's system combines advanced drone technology with a custom RF pointing payload. As a compact system, it is transported directly to site and when launched as a mission it will provide customers with insitu testing capabilities, resulting in a cost-effective, operationally flexible, and timesaving solution.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joakim Espeland
Chief Operating Officer
Søren Aarhus
Chief Technical Officer
Andrian Buchi
Browse more venture capital transactions:
Prev: 3/16/2023: Wingspan venture capital transaction
Next: 3/16/2023: Nimble venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs