Tech Company Financing Transactions
Biofire Technologies Funding Round
On 11/8/2022, Biofire Technologies raised $14 million in Series A funding from Founders Fund, 10X Capital and Draper Associates.
Transaction Overview
Company Name
Announced On
11/8/2022
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
8835 West 116th
Circle Broomfield, CO 80021
USA
Circle Broomfield, CO 80021
USA
Phone
Undisclosed
Website
Email Address
Overview
Since CEO Kai Kloepfer founded Biofire in 2016, the company has won respect and accolades from gun owners and supporters who believe in technology's potential to help reduce firearm accidents, criminal misuse, suicides and other tragic outcomes. The idea of building a personalized firearm is decades old; the challenge is designing a Smart Gun that is ultra-reliable, simple to use, and easy to maintain. At Biofire, we are building a home defense weapon that just works when you need it, every single time.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kai Kloepfer
Chief Financial Officer
Timothee Mierry
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