Tech Company Financing Transactions
Elve Funding Round
Elve closed a $15 million Series A funding round on 2/22/2024. Backers included Cambium Capital Partners, Green Sands Equity and Lockheed Martin.
Transaction Overview
Company Name
Announced On
2/22/2024
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to grow its customer base in the space connectivity market and to increase manufacturing capabilities.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1440 Drew Avenue
Davis, CA 95618
USA
Davis, CA 95618
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Elve employs advanced materials and manufacturing technologies in the construction of millimeter wave amplifiers revolutionizing how vacuum electronics are made. This has enabled Elve to offer delivery of millimeter wave amplifiers in an order of magnitude larger quantities and at an order of magnitude lower cost than had been possible before.
Management Team
Title
Name
Email & Social
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About Database of VC Transactions
We do our best to report on funding rounds that are announced publicly. VC investment data records on this site 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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