Tech Company Financing Transactions
MODE Funding Round
On 11/10/2022, MODE raised $14.9 million in financing from Panasonic Kurashi Visionary Fund.
Transaction Overview
Company Name
Announced On
11/10/2022
Transaction Type
Venture Equity
Amount
$14,900,000
Round
Undisclosed
Investors
Panasonic Kurashi Visionary Fund (Lead Investor)
Proceeds Purpose
Mode intends to use the funds to expand its business reach and development efforts, even strengthening the partnership with Panasonic. The company will provide support to the IoT/digital transformation of a wide range of business domains in which Panasonic is involved.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1840 Gateway Dr. 250
San Mateo, CA 94404
USA
San Mateo, CA 94404
USA
Phone
Website
Email Address
Overview
At MODE, Inc., we are excited by the many possibilities the Internet of Things is bringing to our everyday life. We are impressed by the imagination and ingenuity of the makers and entrepreneurs who are at the forefront of the IoT revolution. That's why we want to create tools and infrastructure that can help IoT developers realize their ideas.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gaku Ueda
Chief Technical Officer
Ethan Kan
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