VIRES Aeronautics Lands $1,000,000 Series A Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b5bb72ba-5211-4fd3-a40c-52bafd944a89
Date
3/4/2014
Company Name
VIRES Aeronautics
Mailing Address
7693 Longard Road Livermore, CA 94551
Company Description
VIRES Aeronautics is uniquely positioned to transform the aeronautics industry with its revolutionary wing design. We retrofit the wings of legacy aircraft with our patented VIRES Aquila technology.
Website
http://www.viresaero.com
Transaction Type
Venture Equity
Transaction Amount
$1,000,000
Transaction Round
Series A
Proceeds Purposes
The funding will enable VIRES Aeronautics to meet increasing customer demand for extended flight time in the rapidly growing industry for unmanned aerial vehicles.
M&A Terms
Venture Investor
Draper Associates
Venture Investor
Lemnos Labs
Venture Investor
Vegas TechFund
Venture Investor
Promus Ventures
Venture Investor
Investor
Venture Investor
Investor
Venture Investor
Investor