Tech Company Financing Transactions
Somalytics Funding Round
Somalytics, operating out of Redmond, secured $1.9 million from IP Group and WRF Capital.
Transaction Overview
Company Name
Announced On
8/30/2022
Transaction Type
Venture Equity
Amount
$1,900,000
Round
Seed
Investors
IP Group (Lead Investor)
WRF Capital (Loretta Little)
Proceeds Purpose
This support will expedite our move to mass manufacturing as well as our continuing research and development efforts and team growth.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
2525 152nd Ave. North East
Redmond, WA 98502
USA
Redmond, WA 98502
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Somalytics is bringing better sense to the digital world. The nanotechnology start-up is commercializing a patent-pending carbon-nanotube paper composite (CPC) capacitive sensor, which is a new technology developed by University of Washington researchers in collaboration with CoMotion.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Barbara Barclay
Browse more venture capital transactions:
Prev: 8/30/2022: Stake Properties venture capital transaction
Next: 8/30/2022: Limit Break 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 are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs