Tech Company Financing Transactions
XTEND Funding Round
XTEND closed a $20 million Series A investment round on 11/22/2021. Investors included The Chartered Group, Homeward Ventures and I3 Equity Partners.
Transaction Overview
Company Name
Announced On
11/22/2021
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Proceeds Purpose
This XTEND funding will allow the company to meet high demand, enhance its market traction with new and existing customers, and expedite the development of its new generation Drone Operating System for autonomy and multi-drone applications in the defense and commercial sectors.
Company Information
Company Status
Private & Independent
Industry
Defense
Mailing Address
652 Beal Pkwy. NW G
Fort Walton Beach, FL 32547
USA
Fort Walton Beach, FL 32547
USA
Phone
Undisclosed
Website
Email Address
Overview
The possibilities for Human-Centric Machine Interface technologies are endless. We set out to realize these possibilities and break the limits of physical reality, so our lives will no longer be limited by our locations or our capabilities -- only by our imagination.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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