uAvionix Garners $5,000,000 Series A Financing Round

  • Feed Type
  • Date
    4/29/2016
  • Company Name
    uAvionix
  • Mailing Address
    380 Portage Ave. Palo Alto, CA 94306 USA
  • Company Description
    uAvionix develops the world’s smallest, lightest and most affordable family of ADS-B transponders, receivers and navigation tools. uAvionix’ Ping network system combines hardware, software, and real time airspace mapping to enable companies to safely and reliably operate drones in the NAS.
  • Website
    http://www.uavionix.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The investment will be used to further accelerate the development and commercialization of uAvionix’s groundbreaking avionics system.
  • M&A Terms
  • Venture Investor
    Playground Global
  • Venture Investor
    Undisclosed

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