Tech Company Financing Transactions
Dryad Networks Funding Round
Dryad Networks, based in Eberswalde, raised $6.1 million from private investors.
Transaction Overview
Company Name
Announced On
3/20/2024
Transaction Type
Venture Equity
Amount
$6,100,000
Round
Undisclosed
Investors
Proceeds Purpose
With this funding, we are well positioned to further accelerate the development and deployment of our wildfire detection technology, bringing us closer to our mission of safeguarding communities and ecosystems against the devastating impacts of wildfires.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
Eisenbahnstr. 37
Eberswalde, 16225
DE
Eberswalde, 16225
DE
Phone
Undisclosed
Website
Email Address
Overview
Dryad provides ultra-early fire detection as well as health and growth monitoring solutions for public and private forests. Using Dryad's large-scale IOT network, sensors can detect wildfires and provide valuable insights into the micro climate and growth of the forest.
Management Team
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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