Tech Company Financing Transactions

Linear Labs Funding Round

Kindred, Science and private investors participated in a $4.5 million Seed funding round for Linear Labs. The financing round was announced on 3/27/2019.

Transaction Overview

Company Name
Announced On
3/27/2019
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Seed
Investors

Kindred (Lead Investor)

Science (Lead Investor)

private investors (Chris MacFarland)

private investors (Chris Sacca)

private investors (Crystal Sacca)

private investors (Gyula Feher)

private investors (Russ Fradin)

private investors (Ryan Graves)

Proceeds Purpose
The company intends to use the funds to market its electric motor across the electric vehicle (EV) industry as well as the micro-mobility (scooters), robotics, wind turbine and heating, ventilation and air conditioning (HVAC) industries.

Company Information

Company Status
Private & Independent
Industry
Electronics
Mailing Address
1450 Markum Ranch Rd. E
Fort Worth, TX 76126
USA
Phone
Undisclosed
Email Address
Overview
The world has a bottomless appetite for electricity. In fact, 45% of the world's electricity passes through an electric motor. This is equivalent to 1 out of every 2 power plants solely dedicated to electric motors. And yet electric motor designs remain essentially unchanged in last 100 years.
Profile
Linear Labs LinkedIn Company Profile
Social Media
Linear Labs Company Twitter Account
Company News
Linear Labs News
Facebook
Linear Labs on Facebook
YouTube
Linear Labs on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Brad Hunstable
  Brad Hunstable LinkedIn Profile  Brad Hunstable Twitter Account  Brad Hunstable News  Brad Hunstable on Facebook
Chief Financial Officer
Mary Korn
  Mary Korn LinkedIn Profile  Mary Korn Twitter Account  Mary Korn News  Mary Korn on Facebook
Chief Technical Officer
Fred Hunstable
  Fred Hunstable LinkedIn Profile  Fred Hunstable Twitter Account  Fred Hunstable News  Fred Hunstable on Facebook
VP - Bus. Development
Jon Hurry
  Jon Hurry LinkedIn Profile  Jon Hurry Twitter Account  Jon Hurry News  Jon Hurry on Facebook
VP - Engineering
Erik Hatch
  Erik Hatch LinkedIn Profile  Erik Hatch Twitter Account  Erik Hatch News  Erik Hatch on Facebook
VP - Engineering
Csaba Sipocz
  Csaba Sipocz LinkedIn Profile  Csaba Sipocz Twitter Account  Csaba Sipocz News  Csaba Sipocz on Facebook
VP - Engineering
Michael Van Steenburg
  Michael Van Steenburg LinkedIn Profile  Michael Van Steenburg Twitter Account  Michael Van Steenburg News  Michael Van Steenburg on Facebook
VP - General Counsel
Michael Williams
  Michael Williams LinkedIn Profile  Michael Williams Twitter Account  Michael Williams News  Michael Williams on Facebook


 

 

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Prev: 3/27/2019: Applicaster venture capital transaction
Next: 3/27/2019: InnerSpace venture capital transaction

 

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