Tech Company Financing Transactions
XTEND Funding Round
XTEND secured a $40 million Series B funding round on 5/8/2024. Investors included Chartered Group and private investors.
Transaction Overview
Company Name
Announced On
5/8/2024
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Investors
Chartered Group (Lead Investor)
Proceeds Purpose
The company intends to use the funds to further develop the proprietary XOS operating system and its application in various enterprise and security scenarios worldwide, and to ramp up global sales of its own drones and robotics products.
Company Information
Company Status
Private & Independent
Industry
Defense
Mailing Address
652 Beal Pkwy. NW G
Fort Walton Beach, FL 32547
USA
Fort Walton Beach, FL 32547
USA
Phone
Undisclosed
Website
Email Address
Overview
The possibilities for Human-Centric Machine Interface technologies are endless. We set out to realize these possibilities and break the limits of physical reality, so our lives will no longer be limited by our locations or our capabilities -- only by our imagination.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 5/8/2024: DatologyAI venture capital transaction
Next: 5/8/2024: Arbelos Markets venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs