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Elve Inc. Secures $15M in Series A Funding to Revolutionize Space Connectivity with Advanced Amplifier Technology

PRIVATEFeb 22, 2024

Amount Raised

$15 Million

Round Type

Series A

DavisManufacturingConsumer ElectronicsElectronicsWirelessTelecommunications

Investors

Lockheed Martin VenturesCambium CapitalYu GalaxyGreen Sands EquityTom Enterprise Private Ab

Description

Elve Inc. has secured $15 million in Series A funding led by a group of investors including TomEnterprise Private AB, Green Sands Equity, Yu Galaxy, Cambium Capital, and Lockheed Martin Ventures, marking a pivotal moment for the company's mission to revolutionize space connectivity with advanced amplifier technology.

Quick answer

Elve raised $15 Million in a Series A round, dated February 22, 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 22, 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.
  • 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.
  • Lucid Group raised $1B (Funding Round) on March 25, 2024.

Who to call at Elve, and when

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

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  • Who you already know at Elve, from your own LinkedIn network

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Company Information

Company

Elve

Location

Davis, California, United States

About

Elve Inc. is a leader in innovative millimeter wave amplifier technology, revolutionizing how vacuum electronics are made to enable wireless connectivity beyond 5G.

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Fundz sees it the moment Elve raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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1 contact
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.