Tech Company Financing Transactions
Zero-Error Systems Funding Round
Airbus Ventures and Dart Enterprises participated in a $7.5 million Series A funding round for Zero-Error Systems. The round was announced on 6/13/2023.
Transaction Overview
Company Name
Announced On
6/13/2023
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand global sales and marketing efforts, as well as accelerate its product roadmap journey, meeting the demand for radiation protection, power reliability, and data integrity solutions specifically designed for Low Earth Orbit satellites, deep space rovers and landers, and a wide array of power management application needs on Earth. This latest financing will also support the company's R&D activities in Singapore, while facilitating customer design-in activities globally.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
71 Toh Guan Road East, #05-07
Singapore, 608598
SG
Singapore, 608598
SG
Phone
Website
Email Address
Overview
Zero Error Systems (ZES) is a spin-off from Nanyang Technological University Singapore and was founded in 2019 by a group of semiconductor industry veterans with combined industry experience of more than 30 years in ultra-reliability power semiconductor design. ZES technologies are based on innovative portfolio of patents in power management, reduction of error rates in computing and radiation protection for Commercial Off The Shelves (COTS) semiconductor devices developed by a group of digital and analogue experts from Nanyang Technological University Singapore over a decade of research. ZES solutions have gone on several flight legacies in space that proved the solutions work!
Management Team
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We do our best to document all VC transactions involving tech companies. VC investment data records on this site are sourced from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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