Tech Company Financing Transactions

PreNav Funding Round

PreNav secured a $6.5 million venture capital round on 6/23/2016. Investors included Crosslink Capital, Haystack Fund and private investors.

Transaction Overview

Company Name
Announced On
6/23/2016
Transaction Type
Debt
Debt
Venture Equity
Venture Equity
Amount
$6,508,236
Round
Undisclosed
Investors

Crosslink Capital (Lead Investor) (Eric Chin)

Haystack Fund

private investors (Toivo Annus)

Liquid 2 Ventures (Joe Montana)

Pear VC (Mar Hershenson)

WI Harper

Proceeds Purpose
PRENAV will use the funding to accelerate product development, marketing, and sales of its commercial drone system, which is expected to be released in 2017.

Company Information

Company Status
Private & Independent
Industry
Electronics
Mailing Address
121 Beech St.
Redwood City, CA 94063
USA
Email Address
Overview
PreNav develops next-gen hardware and software for drones (multi-copters). We enable precise navigation in complex environments, e.g. near-ground, indoors, or around structures, while avoiding obstacles like trees and buildings.
Profile
PreNav LinkedIn Company Profile
Social Media
PreNav Company Twitter Account
Company News
PreNav News
Facebook
PreNav on Facebook
YouTube
PreNav on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nathan Schuett
  Nathan Schuett LinkedIn Profile  Nathan Schuett Twitter Account  Nathan Schuett News  Nathan Schuett on Facebook
Chief Operating Officer
Marc Ausman
  Marc Ausman LinkedIn Profile  Marc Ausman Twitter Account  Marc Ausman News  Marc Ausman on Facebook
Chief Technical Officer
Asa Hammond
  Asa Hammond LinkedIn Profile  Asa Hammond Twitter Account  Asa Hammond News  Asa Hammond on Facebook
VP - Engineering
Nick Rossi
  Nick Rossi LinkedIn Profile  Nick Rossi Twitter Account  Nick Rossi News  Nick Rossi on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/23/2016: Kwik venture capital transaction
Next: 6/23/2016: IFM Therapeutics venture capital transaction

 

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Where The Data Comes From

We do our best to document funding rounds that are announced publicly. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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