Tech Company Financing Transactions
Detect Technologies Funding Round
Detect Technologies closed a $28 million Series B funding round on 7/14/2022. Investors included Prosus Ventures, Accel Partners and Bharat Innovation Fund.
Transaction Overview
Company Name
Announced On
7/14/2022
Transaction Type
Venture Equity
Amount
$28,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to further expand and strengthen its sales and operations across international markets in North America and Europe and enrich its product suite.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
Module 2A, 3rd floor, Block A, IIT-M Research Park, Phase --
Chennai, Tamil Nadu, 600113
INDIA
Chennai, Tamil Nadu, 600113
INDIA
Phone
Website
Email Address
Overview
We spent years looking into the existing gaps in process industries -- the siloed data, disparate systems, lack of real-time information, and so much more. With innovation and cutting-edge technology at the core, we aim to bring complete industrial automation through patented hardware and industrial AI.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We document funding rounds that are announced publicly. All VC database entries reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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