Tech Company Financing Transactions
WaveSense Funding Round
Rhapsody International, NOMO Ventures and private investors invested in a $3 million Seed capital raise for WaveSense. The funding round was announced on 9/7/2018.
Transaction Overview
Company Name
Announced On
9/7/2018
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Investors
Proceeds Purpose
This investment will fund WaveSense's development of a commercial version of its military proven sensor.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
444 Somerville Ave.
Somerville, MA 02143
USA
Somerville, MA 02143
USA
Phone
Website
Email Address
Overview
WaveSense is the first company in the world to offer self-driving vehicle navigation based on ground penetrating radar at commercial scale. Its mission is to enable self-driving vehicles to navigate any road safely, precisely and reliably in all conditions. It is the exclusive worldwide license holder for utilizing ground-penetrating radar for localization of vehicles.
Management Team
Browse more venture capital transactions:
Prev: 9/7/2018: Notable Health venture capital transaction
Next: 9/7/2018: Blue Medora venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs