Tech Company Financing Transactions
Reach Funding Round
DCVC, Collaborative Fund and Transform VC participated in a $30 million Series B venture round for Reach. The round was announced on 12/5/2022.
Transaction Overview
Company Name
Announced On
12/5/2022
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to continue to work toward eliminating charging downtime for autonomous vehicles and drones, enabling the deployment of temporary microgrids for emergency response and military field operations, and powering billions of IoT devices across the world.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Boston, MA 02210
USA
Boston, MA 02210
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Reach will enable tens of millions of developers to participate in the blockchain community, rather than only the thousands that participate today, by drastically lowering the barrier to entry into blockchain and drastically raising the productivity of DApp developers. A Decentralized Application that used to take months to develop will be able to be completed in weeks.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chris Swenor
Chief Technical Officer
Jay McCarthy
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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