Tech Company Financing Transactions
PlanetiQ Funding Round
PlanetiQ, based in Golden, raised $18.7 million from AV8 Ventures, New Science Ventures and Access Venture Partners.
Transaction Overview
Company Name
Announced On
7/11/2019
Transaction Type
Venture Equity
Amount
$18,700,000
Round
Series B
Investors
AV8 Ventures (Lead Investor) (George Ugras)
New Science Ventures (Lead Investor) (Vivek Mohindra)
Proceeds Purpose
The additional funds will help the company aggressively accelerate the launch of its high-definition radio occultation (HDRO) satellite constellation aimed to revolutionize worldwide weather forecasting by offering highly accurate weather predictions earlier, faster, and cheaper than current technology.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
15000 West 6th Ave. 202
Golden, CO 80401
USA
Golden, CO 80401
USA
Phone
Website
Email Address
Overview
PlanetiQ has created the most advanced satellite weather sensor ever to exist in a such a small package. What makes our data more reliable? Unlike other space-based sensors, PlanetiQ's 'Pyxis' sees through clouds and storms, routinely penetrating all the way down to the Earths' surface - where weather matters most.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Chris McCormick
Chief Executive Officer
Steven Joanis
Chief Scientific Officer
Robert Kursinski
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