Tech Company Financing Transactions
PaintJet Funding Round
Outsiders Fund, Dynamo Ventures and MetaProp NYC participated in a $10 million Series A capital raise for PaintJet. The funding round was announced on 12/21/2023.
Transaction Overview
Company Name
Announced On
12/21/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Outsiders Fund (Lead Investor)
Dynamo Ventures (Santosh Sankar)
Proceeds Purpose
The company intend sto use the funds to move its headquarters from Nashville to Virginia and scale its robotic painting business.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
1020 Lavern Cir.
Hendersonville, TN 37075
USA
Hendersonville, TN 37075
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
At PaintJet, we paint commercial and industrial facilities with the push of a button. At our core, we are a robotics and material sciences company automating industrial painting. Our company addresses the systemic labor shortage by implementing advanced robotics to paint large scale industrial facilities such as marine ships and wind turbines.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nick Hegeman
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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