Vesper Technologies Inc. announced that it expects to receive $18.7114 million in funding
April 29, 2021
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Vesper Technologies Inc. announced that it will issue 1,211,850 series B-1 preferred shares at issue price of $15.44036 per share for the gross proceeds $18,711,400.266 in funding in April 2021. The shares are convertible and non-redeemable. The shares will be convertible in common shares at a price of $15.44036 per share. The round will be raised at post money valuation of $137,162,740.
In April 2021, the company has received $8,000,000 in a round of funding led by existing investor, Applied Ventures, LLC. The transaction includes participation from existing investors, Accomplice Management LLC, Amazon Alexa Fund, a fund managed by Amazon.com Inc., Investment Arm, Bose Ventures and Sands Capital Ventures, LLC. The company has raised $65,000,000 in funding till date.
Unitron Tech Co Ltd is a Korea-based company principally engaged in the semiconductor components distribution business. The Company's products mainly include semiconductors, displays and other purchased processed products. The semiconductor products include memory semiconductor products such as Dynamic Random-Access Memory (DRAM), NAND flash, NOR flash and non-memory semiconductor products such as Micro Controller Unit (MCU), application processors (AP), GNSS, short range modules, inductors, and transformers. Display products mainly include mini-light-emitting diode (LED) and thin-film-transistor liquid-crystal display (TFT-LCD). The Company also engages in mobile software development business.