ThruWave
Latest round
- Seed
Last raised
- Sep 2020
Total raised
- $6.4M
Investors
- 7
About ThruWave
ThruWave, Inc.Founded in 2017 and headquartered in Seattle, US, ThruWave, Inc. focuses on mmWave imaging technology that enables the inspection of sealed packages. The company was established by Andreas Pedroß-Engel, Claire Watts, and Matt Reynolds.40 mn.ThruWave specializes in the design and development of proprietary mmWave imaging systems, complemented by advanced image reconstruction and data analytics software. Their technology allows clients to see inside sealed packaging, addressing critical quality and security concerns in real time at conveyor speeds. It effectively penetrates various packaging materials, making it suitable for mail screening, manufacturing, logistics, and e-commerce applications.ThruWave generates revenue primarily through the sale of its mmWave imaging systems and associated software solutions, structured around direct sales and B2B partnerships. Clients engage in one-time purchases or long-term partnerships, benefiting from ongoing support and software updates. The pricing structure reflects the complexity and utility of the systems, with flagship products like the Benchtop Inspection System central to the company’s revenue model.ThruWave is focused on expanding its product offerings and entering new markets.40 mn from September 2020 will support the development of new imaging systems aimed at enhancing inspection capabilities. The company is targeting expansion into North American and European markets by mid-2022, capitalizing on the increasing demand for automated quality assurance solutions in logistics and e-commerce.
Who invested in ThruWave
7 investors across 1 round
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Funding rounds
Seed
Sep 3, 2020
Amount
$6.4M
Investors
Questions about ThruWave
Who invested in ThruWave?
ThruWave has 7 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ThruWave raised?
ThruWave has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did ThruWave last raise money?
ThruWave's most recent round on record is a Seed, in Sep 2020.
What does ThruWave do?
ThruWave is a software company.
Where is ThruWave headquartered?
ThruWave is headquartered in Seattle, US.
Which VCs invest in companies like ThruWave?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at ThruWave's stage. Their profiles are linked below.
VCs backing software startups at Seed
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