Tech Company Financing Transactions
Wonder Robotics Funding Round
Wonder Robotics, operating out of Wilmington, secured $4 million from Elron Electronic Industries.
Transaction Overview
Company Name
Announced On
7/13/2022
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Investors
Elron Electronic Industries (Lead Investor)
Proceeds Purpose
The funds will be used to scale up operation and marketing efforts, while developing technology for additional applications.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
3 Germay Dr. Unit 4 2281
Wilmington, DE 19804
USA
Wilmington, DE 19804
USA
Phone
Undisclosed
Website
Email Address
Overview
The company's birth resulted from the founders delivering a unique drone solution to a customer in their previous workplace. The drone was carrying a heavy payload with limited endurance. The end-user asked for the drone to have a safe, autonomous landing on the target area to allow for extended operations time.
Management Team
Title
Name
Email & Social
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