Tech Company Financing Transactions

Veir Funding Round

Veir secured a $24.9 million Series A funding round on 7/27/2023. Investors included Breakthrough Energy Ventures, Congruent Ventures and Fine Structure Ventures.

Transaction Overview

Company Name
Announced On
7/27/2023
Transaction Type
Venture Equity
Amount
$24,900,000
Round
Series A
Proceeds Purpose
The fresh capital we've raised will help us to continue to move our technology to market at a time when it's more important than ever in meeting the world's pressing energy demands.

Company Information

Company Status
Private & Independent
Industry
Electronics
Mailing Address
250 Summer St. 4th Floor
Boston, MA 02210
USA
Phone
Undisclosed
Email Address
Overview
Renewables from the sunniest, windiest, and wettest places cost less than generating electricity from coal plants and even natural gas plants in many parts of the world. But the best renewable resources lie far from demand centers. Bending the curve on carbon emissions requires matching new generation from renewables with new transmission.
Profile
Veir LinkedIn Company Profile
Social Media
Veir Company Twitter Account
Company News
Veir News
Facebook
Veir on Facebook
YouTube
Veir on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Adam Wallen
  Adam Wallen LinkedIn Profile  Adam Wallen Twitter Account  Adam Wallen News  Adam Wallen on Facebook
Chief Technical Officer
Timothy Heidel
  Timothy Heidel LinkedIn Profile  Timothy Heidel Twitter Account  Timothy Heidel News  Timothy Heidel on Facebook
VP - Bus. Development
Douglas Stewart
  Douglas Stewart LinkedIn Profile  Douglas Stewart Twitter Account  Douglas Stewart News  Douglas Stewart on Facebook
VP - Engineering
Franco Moriconi
  Franco Moriconi LinkedIn Profile  Franco Moriconi Twitter Account  Franco Moriconi News  Franco Moriconi on Facebook


 

 

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Prev: 7/27/2023: Entia venture capital transaction
Next: 7/27/2023: Blue Laser Fusion venture capital transaction

 

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Where The Data Comes From

We do our best to record every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.

 


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