Tanis Venture Management, Mill Town Capital, And Vtc Ventures Announce Acquisition Of Dive Technologies By Anduril Industries
Acquiring Company
Tanis Venture Management
Acquired Company
Anduril
Description
Tanis Venture Management (“Tanis”), Mill Town Capital, and Virginia Tech Carilion Innovation Fund & Seed Fund (“VTC Ventures”) today announced the acquisition of their portfolio company, Dive Technologies, Inc. (“Dive”), a Boston, MA-based subsea robotics designer and manufacturer, by Anduril Industries, Inc., a defense technology company. Tanis led Dive’s most recent fundraising round in 2020 and served as the Company’s outside board director. Mill Town Capital provided the first institutional funding to Dive in 2018 and participated in each equity round. Tanis and Mill Town were joined in their investments by VTC Ventures.
Quick answer
Tanis Venture Management and Virginia Tech Carilion Ventures are acquiring Anduril, announced February 4, 2022.
- How much did Tanis Venture Management pay for Anduril?
- The deal value was not disclosed.
- What does Tanis Venture Management do?
- Tanis Venture Management, LLC is a venture capital firm based in New York City.
- Where are Tanis Venture Management and Anduril based?
- Anduril is based in Costa Mesa, California, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired Anduril?
Anduril was acquired by Tanis Venture Management. The deal was reported on February 4, 2022. Tanis Venture Management, LLC is a venture capital firm based in New York City. Tanis Venture Management is privately held and operates in Financial Services.
When did Tanis Venture Management acquire Anduril?
Tanis Venture Management's acquisition of Anduril was reported on February 4, 2022. Tanis Venture Management (“Tanis”), Mill Town Capital, and Virginia Tech Carilion Innovation Fund & Seed Fund (“VTC Ventures”) today announced the acquisition of their portfolio company, Dive Technologies, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Anduril do?
Anduril It is privately held, operating in Software, and is based in Costa Mesa.
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