Tech Company Financing Transactions
Lynq Funding Round
Lynq, based in Brooklyn, secured $1.9 million from Plus Eight Equity Fund, Angel Investor Forum and ARC Angel Fund.
Transaction Overview
Company Name
Announced On
6/30/2017
Transaction Type
Venture Equity
Amount
$1,900,000
Round
Seed
Investors
Proceeds Purpose
A B2B2C rental rollout will be followed by direct to consumer sales towards families and outdoor enthusiasts as well as government use.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
19 Morris Ave.
Brooklyn, NY 11205
USA
Brooklyn, NY 11205
USA
Phone
Undisclosed
Website
Email Address
Overview
Lynq is a one-button wearable that allows individuals and groups of up to 5,000 to locate one another in real-time up to 5 miles; NO phone, cell service, data, Wi-Fi or BlueTooth required.
Management Team
Title
Name
Email & Social
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Our team works diligently to report on all VC transactions involving tech companies. VC investment data records on this site come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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