Iconic Air secures $135,000 investment wvgazettemail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wvgazettemail.com Daily Mail and Mail on Sunday newspapers.
Dive Technologies, Inc., a Boston, MA-based subsea robotics designer and manufacturer, raised $4m in a new round of equity funding, bringing total funds raised to date to $9.5m.
The round was led by Tanis Venture Management which was joined by other investors including Virginia Tech Carilion Innovation Fund, Mill Town Capital, Virginia Tech Carilion Seed Fund, Cavalier Angels, and Charlottesville Angel Network. Dive’s venture debt financing is through MassDevelopment’s Emerging Technology Fund.
The company intends to use the funds to scaling the technology and the business. The new capital will be used to realize sales opportunities in 2021 and accelerate efforts to expand geographically and through new partnerships.
Dive Technologies Closes on New Equity Financing Round to Deliver on 2021 Commercial and Defense Opportunities argus-press.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from argus-press.com Daily Mail and Mail on Sunday newspapers.