Tech Company Financing Transactions
TransPod Funding Round
TransPod, operating out of Toronto ON, secured $15 million in investment from private investors.
Transaction Overview
Company Name
Announced On
11/29/2016
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Seed
Investors
Proceeds Purpose
The Toronto startup says the funding will be used to position the company for increased global growth as it looks to produce a commercially viable product by 2020.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
101 College St. HL45
Toronto ON, M5G 1L7
UK
Toronto ON, M5G 1L7
UK
Phone
Website
Email Address
Overview
TransPod Inc. intends to propose a high speed line between two major Canadian metropolitan areas such as Toronto-Montreal as a first major project. TransPod Inc. also has a global vision for emerging markets in Asia and the Middle-East.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sebastien Gendron
Chief Technical Officer
Ryan Janzen
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Our team works diligently to report on all VC transactions involving tech companies. 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.
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