Tech Company Financing Transactions
NODAR Funding Round
NODAR, based in Boston, secured $12 million from New Enterprise Associates and Rhapsody Venture Partners.
Transaction Overview
Company Name
Announced On
4/12/2022
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
New Enterprise Associates (Lead Investor)
Proceeds Purpose
The funds will be used for R&D and further productization of NODAR's core technology, as well as expanded sales and marketing initiatives.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
177 Huntington Ave
Boston, MA 02115
United States
Boston, MA 02115
United States
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
NODAR is creating the next generation of 3D sensor technology for autonomous vehicles.
Management Team
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