Tech Company Financing Transactions
Kymeta Funding Round
Private investors participated in a $84 million funding round for Kymeta. The round was announced on 3/15/2022.
Transaction Overview
Company Name
Announced On
3/15/2022
Transaction Type
Venture Equity
Amount
$84,000,000
Round
Undisclosed
Investors
private investors (Lead Investor) (William Gates)
Proceeds Purpose
Kymeta says the fresh infusion of equity investment will be used to accelerate the production of its flat-panel antennas and set the stage for expanding its offerings for defense customers, as well as for users of satellite broadband services that are being offered from low Earth orbit.
Company Information
Company Status
Private & Independent
Industry
Wireless
Mailing Address
12277 134th Ct. NE 100
Redmond, WA 98052
USA
Redmond, WA 98052
USA
Phone
Website
Email Address
Overview
Kymeta's mTenna products will simplify the connection between mobile users and high capacity Ka-band communications satellites, allowing passengers on planes, trains, boats, automobiles and other vehicles to enjoy the same kind of broadband experience that they already have at home or in the office.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nathan Kundtz
Chief Financial Officer
Marc Stolzman
Executive Vice President
Neville Meijers
VP - Bus. Development
Bill Marks
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Prev: 3/15/2022: Amber Group venture capital transaction
Next: 3/15/2022: Bazaar Technologies venture capital transaction
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Where The Data Comes From
We do our best to document funding rounds that are announced publicly. VC transactions reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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