Tech Company Financing Transactions
Broswarm Funding Round
On 3/14/2024, Broswarm landed $100 thousand in funding from ScaleWolf and private investors.
Transaction Overview
Company Name
Announced On
3/14/2024
Transaction Type
Venture Equity
Amount
$100,000
Round
Undisclosed
Investors
ScaleWolf (Lead Investor) (Edvinas Skerza)
Proceeds Purpose
The funding will allow the startup to continue developing its multisensor array technology and patent its proprietary technology for the remote detection of small mines and objects.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Undisclosed
Vilnius, Undisclosed
Lithuania
Vilnius, Undisclosed
Lithuania
Phone
Undisclosed
Website
Email Address
Overview
BROSWARM is leveraging the power of artificial intelligence to create advanced sensory arrays and sensor fusion technology for a variety of applications. BROSWARM was awarded 1st place at the LTU defence event 'Ugninis Skydas 2023' for its landmine detection technology.
Management Team
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Prev: 3/14/2024: Naro venture capital transaction
Next: 3/14/2024: SquareDash venture capital transaction
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