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
Investors
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
Boston, MA 02210
USA
Phone
Undisclosed
Website
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.
Management Team
Title
Name
Email & Social
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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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