Tech Company Financing Transactions
WindBorne Systems Funding Round
Khosla Ventures, Convective Capital and Footwork participated in a $15 million Series A funding round for WindBorne Systems. The round was announced on 6/4/2024.
Transaction Overview
Company Name
Announced On
6/4/2024
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate engineering across its technology stack: Scaling real-time data collection via its balloon constellation. Refining its autonomous flight software; Advancing its global AI-based weather forecast model.
Company Information
Company Status
Private & Independent
Industry
AdTech
Mailing Address
858 San Antonio Rd,
Palo Alto, CA 94303
USA
Palo Alto, CA 94303
USA
Phone
Undisclosed
Website
Email Address
Overview
WindBorne designs, builds, and operates a constellation of long-duration smart weather balloons targeting the most critical data in the atmosphere
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Dean
Chief Technical Officer
Andrey Sushko
Founder
Kai Marshland
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