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Distance Technologies Oy raised $2.7M in an oversubscribed pre-seed round led by FOV Ventures and Maki.vc for revolutionary glasses-free XR technology.

PRIVATEJun 13, 2024

Amount Raised

$2.7 Million

Round Type

Pre-Seed

Manufacturing

Investors

Business FinlandDavid Helgason’s Foobar.VcFOV VenturesMaki.Vc

Description

Distance Technologies Oy, a developer of glasses-free extended reality (XR) technology designed for the automotive, aerospace, and defense markets, has today emerged from stealth and raised a total of USD $2.7 million in an oversubscribed pre-seed round led by FOV Ventures and Maki.vc with further investments from Business Finland and David Helgason’s Foobar.vc.

Quick answer

Distance Technologies raised $2.7 Million in a Pre-Seed round, dated June 13, 2024. Investors: Business Finland, David Helgason’s Foobar.Vc, FOV Ventures and Maki.Vc.

How much did Distance Technologies raise?
Distance Technologies raised $2.7 Million in a Pre-Seed round on June 13, 2024.
Who invested in Distance Technologies?
Business Finland, David Helgason’s Foobar.Vc, FOV Ventures and Maki.Vc are named as investors in this round.
What does Distance Technologies do?
At Distance Technologies, we have created the world’s first glasses-free mixed reality solution.
Who are the decision-makers at Distance Technologies?
Fundz holds 1 contact at Distance Technologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Distance Technologies that raised within 45 days of this round, from Fundz verified event records.

  • ecop raised $9.2M (Grant) on July 26, 2024.
  • Jones Soda raised $5.9M on July 26, 2024.
  • Nasher Miles raised $4M (Private Equity) on July 26, 2024.
  • 4D Medicine raised $4.4M (Series A) on July 26, 2024.
  • Micropep Technologies raised $29M (Series B) on July 25, 2024.
  • Unspun raised $35M on July 25, 2024.

Who to call at Distance Technologies, and when

A new round usually means Distance Technologies is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Distance Technologies raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Distance Technologies, from your own LinkedIn network

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Company Information

Company

Distance Technologies

About

At Distance Technologies, we have created the world’s first glasses-free mixed reality solution. This fundamentally changes how people see and interact with the world around them.

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Distance Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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