Tech Company Financing Transactions
Orbit Technologies Funding Round
Orbit Technologies, based in Hyderabad, Telangana, secured $500 thousand from Dune Ventures.
Transaction Overview
Company Name
Announced On
11/8/2023
Transaction Type
Venture Equity
Amount
$500,000
Round
Undisclosed
Investors
Dune Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to get their product production ready, gearing for a pre-sale launch in Q2 of 2024.
Company Information
Company Status
Private & Independent
Industry
AdTech
Mailing Address
B-50, Industrial Estate, Sanath Nagar
Hyderabad, Telangana, 500 018
IN
Hyderabad, Telangana, 500 018
IN
Phone
Website
Email Address
Overview
Our journey into manufacturing started in1998 with our group company Orlab Instruments Pvt. Ltd., an ISO Certified &MSME Registered Manufacturer and Project Integrator of diversified products in the field of Testing kits for Water & Soil and Water & Waste water related Lab & Field Instruments and many more. Orlab has a 30,000 sq. ft manufacturing facility with an annual production capacity of 2,00,000 plus Testing kits. Orbit Technologies Pvt. Ltd. strives tobe a prominent brand in the Analytical Industry and has successfully ventured into manufacturing of High-End World-Class Elemental Analysers by acquiring Sylab s.a.r.l France.
Management Team
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