Vesper Technologies
Latest round
- Series B
Last raised
- May 2018
Total raised
- $38M
Investors
- 11
About Vesper Technologies
Vesper Technologies, Inc.Founded in 2009, Vesper Technologies, Inc. specializes in micro-electromechanical systems, with headquarters in Boston, US. The company has undergone no notable pivots and operates independently with no identified subsidiaries. The founders, Karl Grosh and Robert Littrell, have a history in technology innovation, while CEO Matt Crowley leads the firm.Vesper MEMS specializes in advanced micro-electromechanical systems (MEMS) technology, providing innovative solutions tailored for diverse applications in electronics and automotive industries. The company focuses on high-performance sensors and actuators that enhance consumer electronics, industrial automation, and automotive safety systems, addressing critical challenges in accuracy and reliability for environmental sensing and advanced functionalities in smart devices.Vesper MEMS generates revenue through direct sales of its MEMS-based sensors and actuators, primarily through a B2B model. The company collaborates with leading manufacturers and distributors to fulfill bulk orders for large-scale production, with revenue structured around multi-year contracts and recurring agreements for long-term supply. Pricing strategies cater to diverse client needs, ensuring competitive rates on flagship products that emphasize quality and innovation. plans to utilize the capital to accelerate the development of edge AI technologies. The company is working on launching new sensor products designed to meet the growing demands of smart devices and automotive safety, with specific release dates to be announced as development progresses. Additionally, Vesper is targeting expansion into new geographic markets, including Europe and Asia-Pacific, to diversify its client base and enhance its global footprint.
Who invested in Vesper Technologies
11 investors across 2 rounds
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Questions about Vesper Technologies
Who invested in Vesper Technologies?
Vesper Technologies has 11 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Vesper Technologies raised?
Vesper Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Vesper Technologies last raise money?
Vesper Technologies's most recent round on record is a Series B, in May 2018.
What does Vesper Technologies do?
Vesper Technologies is a electronics company.
Where is Vesper Technologies headquartered?
Vesper Technologies is headquartered in Boston, US.
Which VCs invest in companies like Vesper Technologies?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back electronics companies at Vesper Technologies's stage. Their profiles are linked below.
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