Tech Company Financing Transactions
Nanoport Funding Round
Nanoport, operating out of Sunnyvale, secured $7 million from Horizons Ventures, Brightspark and Kensington Capital Partners.
Transaction Overview
Company Name
Announced On
9/26/2017
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Seed
Investors
Proceeds Purpose
According to Szeto, this early stage funding will go toward expanding the company's research facilities. It's to further our lab and accelerate commercial development. We're doubling the size of the lab we have now to 12,000 square feet and opening up a new lab [this] week. It's got an electronics prototyping lab, a software development lab and a mechanical prototyping lab.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
Undisclosed
Sunnyvale, CA 94043
USA
Sunnyvale, CA 94043
USA
Phone
Website
Email Address
Not Recorded
Overview
Great technology is ubiquitous and invisible: a woven canvas for enchanting experiences. Nanoport Technology Inc. is a Silicon Valley R&D lab for mobile technologies. The company specializes in the development of advanced solutions for connectivity, haptics, multi-device applications and human-device interfaces.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tim Szeto
Browse more venture capital transactions:
Prev: 9/26/2017: PatientSafe Solutions venture capital transaction
Next: 9/26/2017: Opsidio venture capital transaction
Share this article
Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs