Tech Company Financing Transactions
Nectar Funding Round
On 12/20/2022, Nectar raised $16.5 million in Series A funding from Harmony Partners, Juxtapose and Obvious Ventures.
Transaction Overview
Company Name
Announced On
12/20/2022
Transaction Type
Venture Equity
Amount
$16,500,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to invest in three key areas in 2023, scaling its virtual care platform nationwide, launching its first physical location to comprehensively treat allergies, and initiating clinical studies.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
Undisclosed
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Nectar solves the large information gap within the trillion-dollar consumer packaged goods and alcoholic beverage industries, with a new generation of connected devices that power automatic replenishment and data-driven insights.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Aayush Phumbhra
Chief Operating Officer
Prabhanjan Gurumohan
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