Tech Company Financing Transactions
Birdstop Funding Round
Birdstop, based in Concord, secured $2.3 million in investment from Lerer Hippeau, Anorak Ventures and Correlation Ventures.
Transaction Overview
Company Name
Announced On
8/8/2023
Transaction Type
Venture Equity
Amount
$2,300,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand its constellation of BVLOS (Beyond Visual Line of Sight) drones across the nation's critical infrastructure, grow its AI capabilities, and deliver more data-driven value to customers.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
280 Buchanan Field Road Unit 1
Concord, CA 94520
USA
Concord, CA 94520
USA
Phone
Undisclosed
Website
Email Address
Overview
The Birdstop team is brought together by a vision of building a new remote sensing platform using uncrewed aerial technology in low altitude airspace. The group draws on past careers from Google Loon, Earth Institute, American Tower, Drone Volt, and NASA with experience collecting data at a multitude of altitudes and airspace categories.
Management Team
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Where The Data Comes From
Our team works diligently to report on tech company VC transactions. 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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