Tech Company Financing Transactions
SkyX Funding Round
On 9/10/2018, SkyX landed $9.5 million in Series B financing from Almond Tree Capital Fund and private investors.
Transaction Overview
Company Name
Announced On
9/10/2018
Transaction Type
Venture Equity
Amount
$9,500,000
Round
Series B
Investors
Almond Tree Capital Fund (Lead Investor) (Mark Mandelbaum)
Proceeds Purpose
This new capital will support SkyX's ability to execute contracts with clients as well as continue to move forward with new and existing strategies to support global demand from utilities and oil and gas corporations.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
3780 14th Ave. 107
Markham ON, L3R 9Y5
Canada
Markham ON, L3R 9Y5
Canada
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Collaboration is a hallmark of the SkyX philosophy; one which has resulted in a comprehensive, integrated solution. Our autonomous aircraft (drones) feature vertical take-off and landing (VTOL) technology. This means we can fly from anywhere, at anytime. No launchers or runways required.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 9/10/2018: Farmer's Fridge venture capital transaction
Next: 9/10/2018: Ordermark venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs