Tech Company Financing Transactions
Paradromics Funding Round
Prime Movers Lab, Alpha Edison and Dolby Family Ventures invested in a $20 million Seed funding round for Paradromics. The financing was announced on 7/26/2021.
Transaction Overview
Company Name
Announced On
7/26/2021
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Seed
Investors
Prime Movers Lab (Lead Investor) (Amy Kruse)
Proceeds Purpose
This funding round is a validation of both our technology and strategic vision in leading this important developing market.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
4030 W Braker Ln. 250
Austin, TX 78759
USA
Austin, TX 78759
USA
Phone
Undisclosed
Website
Email Address
Overview
Paradromics is developing high-volume bidirectional data streaming capabilities between brains and computers. Our neural interface technologies will initially be used to help physically disabled patients reconnect with the outside world -- with infinite possibilities beyond.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Thomas Krummel
Chief Executive Officer
Matthew Angle
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