Tech Company Financing Transactions
Instrumental Funding Round
Instrumental, operating out of Palo Alto, raised $50 million in investment from Balyasny Asset Management, Canaan Partners and Eclipse Ventures.
Transaction Overview
Company Name
Announced On
2/27/2022
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series C
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
777 California Avenue - Suite 150
Palo Alto, CA 94304
USA
Palo Alto, CA 94304
USA
Phone
Undisclosed
Website
Email Address
Overview
Manufacturing makes up half of the world's GDP. 20% of every dollar spent is wasted on things like scrap, rework, product returns, mistakes, experiments, and underutilized human resources -- because, simply: it's too hard to solve problems in manufacturing.
Management Team
Title
Name
Email & Social
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