Elve Inc. secured $15M in Series A funding led by a selected group of investors to increase manufacturing and expand customer base.
Amount Raised
$15 Million
Round Type
Series A
DavisManufacturingConsumer ElectronicsElectronicsWirelessTelecommunicationsInvestors
Description
Elve Inc. successfully completed its Series A round of $15M from a selected group of investors, including TomEnterprise Private AB, Green Sands Equity, Yu Galaxy, Cambium Capital, and Lockheed Martin Ventures. The funding will be used to grow its customer base in the space connectivity market and to increase manufacturing capabilities.
Quick answer
Elve raised $15 Million in a Series A round, dated February 28, 2024. Investors: Lockheed Martin Ventures, Cambium Capital, Yu Galaxy, Green Sands Equity and Tom Enterprise Private Ab. Elve is based in Davis, California, United States.
- How much did Elve raise?
- Elve raised $15 Million in a Series A round on February 28, 2024.
- Who invested in Elve?
- Lockheed Martin Ventures, Cambium Capital, Yu Galaxy, Green Sands Equity and Tom Enterprise Private Ab are named as investors in this round.
- What does Elve do?
- Elve Inc. is a leader in innovative millimeter wave amplifier technology, revolutionizing how vacuum electronics are made to enable wireless connectivity beyond 5G.
- Where is Elve based and how big is it?
- Elve is based in Davis, California, United States.
- Who are the decision-makers at Elve?
- Fundz holds 1 contact at Elve. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Consumer Electronics and Electronics around the same time
Companies in the same sectors as Elve that raised within 45 days of this round, from Fundz verified event records.
- DUSTPHOTONICS raised $24M (Funding Round) on February 22, 2024.
- DUSTPHOTONICS raised $24M (Series B) on February 21, 2024.
- Carrar raised $5.3M (Series A) on April 9, 2024.
- Actnano raised $40M (Funding Round) on April 2, 2024.
- Actnano raised $32M on March 28, 2024.
- Guerrilla RF raised $5.2M on March 28, 2024.
Who to call at Elve, and when
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- An alert the day Elve raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Elve, from your own LinkedIn network
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