Tech Company Financing Transactions
Sharper Shape Funding Round
Sharper Shape, based in Grand Forks, raised $3.3 million from Straightforward Capital and private investors.
Transaction Overview
Company Name
Announced On
4/18/2016
Transaction Type
Venture Equity
Amount
$3,250,000
Round
Undisclosed
Investors
Straightforward Capital (Lead Investor) (Andrej Srsen)
Proceeds Purpose
With this investment, PIP is able to extend its service offering for its energy customers to include Sharper Shape's automated asset inspection and analyses. And, Sharper Shape will now have access to over 400 PIP consultants worldwide.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
1168 12th St. NE
Grand Forks, ND 58201
USA
Grand Forks, ND 58201
USA
Phone
Undisclosed
Website
Email Address
Overview
Next Eagle by Sharper Shape is the world's first automatic asset inspection solution utilizing unmanned aerial vehicles. The solution drastically reduces inspection and maintenance costs for high value assets such as power lines, pipelines, railways and more.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 4/18/2016: Centrexion Therapeutics venture capital transaction
Next: 4/18/2016: UrbanStems venture capital transaction
Share this article
About Database of VC Transactions
We do our best to record every notable VC transaction. VC investment data records on this site are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs