Tech Company Financing Transactions
Venti Technologies Funding Round
Venti Technologies closed a $8 million Seed funding round on 7/22/2021. Investors included Alpha JWC Ventures, LDV Partners and private investors.
Transaction Overview
Company Name
Announced On
7/22/2021
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Seed
Investors
Alpha JWC Ventures (Lead Investor) (Chandra Tjan)
LDV Partners (Lead Investor) (Lake Dai)
Proceeds Purpose
The company intends to use the funds to produce AI-enabled autonomous logistics transport, including fulfilling new and existing customer agreements with PSA Corporation, a global ports operator with 60 ports under management; automotive manufacturers including SAIC Volkswagen and SAIC-GM; a large automotive logistics provider, SAIC Anji Logistics Tech, and Seedland, an Asian real estate developer and operator.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Undisclosed
Boston, MA 02101
USA
Boston, MA 02101
USA
Phone
Website
Email Address
Overview
Venti Technologies is a safe-speed autonomous mobility company developing the future of transportation for moving goods and people. Using rigorous mathematical modeling, deep learning, and theoretically-grounded algorithms, Venti has developed a proprietary collection of autonomy technologies, including a suite of special purpose logistics algorithms.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Heidi Wyle
Chief Financial Officer
David Friedman
Chief Technical Officer
Xinxin Du
Founder
Saman Amarasinghe
Founder
Daniela Rus
Browse more venture capital transactions:
Prev: 7/22/2021: Vitally venture capital transaction
Next: 7/22/2021: Ethos venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs