Tech Company Financing Transactions
Salient Motion Funding Round
Salient Motion, based in Los Angeles, received $12 million from Cantos Ventures, Andreessen Horowitz and BoxGroup.
Transaction Overview
Company Name
Announced On
10/1/2024
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to scale its engineering team, accelerate product development, and expand its manufacturing footprint in Southern California with a new lease in Torrance.
Company Information
Company Status
Private & Independent
Industry
Defense
Mailing Address
3317 La Cienega Place
Los Angeles, CA 90016
US
Los Angeles, CA 90016
US
Phone
Undisclosed
Website
Email Address
Overview
Salient Motion's answer to the national security imperative and present market deficiency is to develop an electric motion operating system. We're refining our core algorithms as we develop standalone inverters, web-based configuration and analytics platforms, and performant motors made with domestic resources that are accessible to businesses large and small.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Vishaal Mali
Chief Financial Officer
Sandy Smith
Co-Founder
Tristan Fauntleroy
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Where The Data Comes From
We record funding rounds that are announced publicly. 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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