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Transmutex Raises Over CHF 20M in Extension of Series A Funding

Jan 29, 2024•almost 2 years ago

Amount Raised

CHF20 Million

GenevaEnergy

Investors

Tiny Supercomputer Investment Co.FongitVerve VenturesPresight CapitalHouse Of VenturesAlley CorpHcvcAt One VenturesSteel AtlasUnion Square Ventures

Description

Transmutex raised over CHF 20M in Extension of its Series A funding from Union Square Ventures, Steel Atlas, At One Ventures, HCVC, AlleyCorp, House Of Ventures, Presight Capital, Verve Ventures, FONGIT, Tiny Supercomputer Investment Co., and private investors. The company intends to use the funds to further develop its solution.

Company Information

Company

Transmutex

Location

Geneva, Alabama, United States

About

Transmutex SA is a nuclear engineering company based in Geneva, Switzerland, reinventing nuclear energy with the design of a safer, non-self-sustaining reaction technology.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech