Tech Company Financing Transactions
Imbue Funding Round
Amazon Alexa Fund and Google participated in a $12 million Series B capital raise for Imbue. The financing closed on 10/19/2023.
Transaction Overview
Company Name
Announced On
10/19/2023
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series B
Investors
Google (Eric Schmidt)
Proceeds Purpose
Imbue will use the funding to buy compute resources and hire more employees, Qiu said, citing its current focus on hiring a data executive and more product-focused engineers. (Reporting by Anna Tong in San Francisco; Editing by Richard Chang)
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
1155 Indiana St.
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Overview
Imbue (previously Seer Labs) creates beautiful and intelligent Connected Wearable Elements for the Fashion Industry. We empower fashion brands and designers to embed intelligence into their products by connecting them to users smartphones and lifestyle.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Devarshi Shah
Chief Technical Officer
Alfred Lui
Chief Technical Officer
Hiral Patel
VP - Marketing
Randi Kofman
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We report on every notable VC transaction. VC transactions reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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