Elve Inc. Secures $15M in Series A Funding to Revolutionize Space Connectivity with Advanced Amplifier Technology
Amount Raised
$15 Million
Round Type
Series A
Investors
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.
- 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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Funding Insights
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