Tech Company Financing Transactions

Physna Funding Round

Drive Capital and private investors joined a $6.9 million Series A funding round for Physna. The round closed on 7/31/2019.

Transaction Overview

Company Name
Announced On
7/31/2019
Transaction Type
Venture Equity
Amount
$6,900,000
Round
Series A
Investors

Drive Capital (Lead Investor) (Mark Kvamme)

Proceeds Purpose
Physna will use the investment to continue its software product development, increase adoption of Physna's technology, and further build out its engineering and sales teams.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
30 W 3rd St. 5th Floor
Cincinnati, OH 45202
USA
Email Address
Overview
Physna, short for Physical DNA, is a revolutionary technology that compares and analyzes 3D models through shape search, quality control and more in various industries. Physna is most commonly used in engineering and CAD design, manufacturing, aerospace, defense and diverse types of inspection automation.
Profile
Physna LinkedIn Company Profile
Social Media
Physna Company Twitter Account
Company News
Physna News
Facebook
Physna on Facebook
YouTube
Physna on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Paul Powers
  Paul Powers LinkedIn Profile  Paul Powers Twitter Account  Paul Powers News  Paul Powers on Facebook
Chief Technical Officer
Dennis DeMeyere
  Dennis DeMeyere LinkedIn Profile  Dennis DeMeyere Twitter Account  Dennis DeMeyere News  Dennis DeMeyere on Facebook


 

 

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Prev: 7/31/2019: Truework venture capital transaction
Next: 8/1/2019: DGraph venture capital transaction

 

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