Tech Company Financing Transactions

Moondream Funding Round

On 10/29/2024, Moondream raised $4.5 million in Seed investment from Felicis Ventures, Ascend and M12.

Transaction Overview

Company Name
Announced On
10/29/2024
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Seed
Investors

Felicis Ventures (Lead Investor)

Ascend

M12

Proceeds Purpose
The company intends to use the funds to accelerate product growth, expand the team, and keep up with demand from the companies participating in Moondream's upcoming Moondream Cloud Service.

Company Information

Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
924 2nd Avenue North 52
Seattle, WA 98109
USA
Phone
Undisclosed
Email Address
Overview
Vision AI For Devs. Build next-level AI Vision apps with moondream, the tiny open source Vision Language Model (VLM) that runs everywhere and kicks ass.
Profile
Moondream LinkedIn Company Profile
Social Media
Moondream Company Twitter Account
Company News
Moondream News
Facebook
Moondream on Facebook
YouTube
Moondream on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jay Allen
  Jay Allen LinkedIn Profile  Jay Allen Twitter Account  Jay Allen News  Jay Allen on Facebook
Chief Technical Officer
Vik Korrapati
  Vik Korrapati LinkedIn Profile  Vik Korrapati Twitter Account  Vik Korrapati News  Vik Korrapati on Facebook


 

 

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Prev: 10/29/2024: Infinite Machine venture capital transaction
Next: 10/29/2024: Vara venture capital transaction

 

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We document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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