Tech Company Financing Transactions
Physna Funding Round
Drive Capital and private investors joined a $6.9 million Series A funding round for Physna. The round closed on 7/31/2019.
Transaction Overview
Company Name
Announced On
7/31/2019
Transaction Type
Venture Equity
Amount
$6,900,000
Round
Series A
Investors
Drive Capital (Lead Investor) (Mark Kvamme)
Proceeds Purpose
Physna will use the investment to continue its software product development, increase adoption of Physna's technology, and further build out its engineering and sales teams.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
30 W 3rd St. 5th Floor
Cincinnati, OH 45202
USA
Cincinnati, OH 45202
USA
Phone
Website
Email Address
Overview
Physna, short for Physical DNA, is a revolutionary technology that compares and analyzes 3D models through shape search, quality control and more in various industries. Physna is most commonly used in engineering and CAD design, manufacturing, aerospace, defense and diverse types of inspection automation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Powers
Chief Technical Officer
Dennis DeMeyere
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