Tech Company Financing Transactions
Velos Rotors Funding Round
Velos Rotors, based in Wilmington, raised $2 million from Marathon Venture Capital.
Transaction Overview
Company Name
Announced On
4/6/2023
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
Marathon Venture Capital (Lead Investor)
Proceeds Purpose
Funds will help Velos further develop its drone tech and bring it to a level it meets market demand.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
3511 Silverside Rd 105
Wilmington, DE 19810
USA
Wilmington, DE 19810
USA
Phone
Undisclosed
Website
Email Address
Overview
Provider and manufacturer of UAV aircraft intended to offer commercial services. The company offers a fully redundant drivetrain, payload capacity and industry-leading aircraft, enabling users to do a variety of services including surveying, surveillance, deliveries, etc.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Seal
Chief Technical Officer
Aris Kolokythas
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We report on all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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