Tech Company Financing Transactions
Karman Industries Funding Round
Karman Industries, operating out of Los Angeles, secured $4 million from Riot Ventures and Space VC.
Transaction Overview
Company Name
Announced On
9/22/2024
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Investors
Riot Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Undisclosed
Los Angeles, CA Undisclosed
USA
Los Angeles, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Karman Industries is electrifying industrial thermal energy use to help global enterprises significantly reduce both manufacturing costs and onsite Scope 1 emissions. The company brings together the latest advancements in hardware technology, industrial manufacturing, and additional proprietary innovations to engineer the first-of-its-kind Thermal01 electric heat pump.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Tearse
Chief Technical Officer
CJ Kalra
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We do our best to report on all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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