Tech Company Financing Transactions
Kymeta Funding Round
Kymeta, operating out of Redmond, secured $30 million in funding from Hanwha Investment.
Transaction Overview
Company Name
Announced On
12/30/2020
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to forther develop its next generation solutions, the Kymeta u8and Kymeta Connect, support increased unit production, an enhanced customer experience, and the ongoing development of its next generation capabilities.
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.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 12/30/2020: Graphcore venture capital transaction
Next: 1/1/2021: Affera venture capital transaction
Share this article
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.
Additional Resources for Entrepreneurs