Ondas Holdings Announces Investment Of At Least $15 Million In Ondas Networks By Investment Group Led By Charles & Potomac Capital
Round Type
Venture
West Palm BeachInformation TechnologyHardwareArtificial IntelligenceSecurityWirelessInvestors
Description
WALTHAM, MA / July 10, 2023 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas Holdings" or the "Company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that its wholly-owned subsidiary Ondas Networks Inc. ("Ondas Networks") has entered into an investment agreement with a private investor group led by Charles & Potomac Capital, LLC (the "C&P Group") for an investment of at least $15 million in convertible preferred securities of Ondas Networks. The planned investment provides Ondas Networks with additional working capital to accelerate production, fulfill backlog and support its growth plan.
Quick answer
Ondas raised an undisclosed amount in a funding round, dated July 10, 2023. Investors: Charles & Potomac Capital, LLC. Ondas is based in West Palm Beach, Florida, United States.
- How much did Ondas raise?
- Ondas raised an undisclosed amount in a funding round on July 10, 2023.
- Who invested in Ondas?
- Charles & Potomac Capital, LLC is named as investors in this round.
- What does Ondas do?
- Ondas is a technology company focused on wireless communications solutions.
- Where is Ondas based and how big is it?
- Ondas is based in West Palm Beach, Florida, United States. Fundz records about 500 employees.
- Who are the decision-makers at Ondas?
- Fundz holds 5 contacts at Ondas, including the Regional Vice President of Sales APAC & GCC. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Security around the same time
Companies in the same sectors as Ondas that raised within 45 days of this round, from Fundz verified event records.
- Gomboc AI raised an undisclosed amount (Seed) on August 7, 2023.
- ZeroEyes raised $23M (Funding Round) on August 24, 2023.
- Ostendio raised an undisclosed amount (Funding Round) on August 17, 2023.
- PIVOTAL COMMWARE, INC. raised $102M (Series D) on August 17, 2023.
- Guerrilla RF raised $1.5M (Seed) on August 14, 2023.
- Dropzone AI raised $3.5M (Seed) on August 8, 2023.
Who to call at Ondas, and when
A new round usually means Ondas is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Ondas raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Ondas, from your own LinkedIn network
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Related People
Ondas 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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