Distance Technologies Overview
- Year Founded
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2024
- Status
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Private
- Employees
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51
- Latest Deal Type
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Early Stage VC
- Investors
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11
Distance Technologies General Information
Description
Developer of glasses-free extended reality applications designed for the automotive, aerospace, and defense markets. The company's technology can be used in commercial and military cockpits and vehicles, among others, enabling companies with a wider adoption of visual artificial intelligence.
Contact Information
Website
www.distance.techCorporate Office
- John Stenbergin ranta 2
- 00530 Helsinki
- Finland
Corporate Office
- John Stenbergin ranta 2
- 00530 Helsinki
- Finland
Distance Technologies Timeline
Distance Technologies Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Early Stage VC | 01-Jan-2026 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 2. Seed Round | 26-Sep-2024 | $11.1M | $13.8M | Completed | Generating Revenue | |
| 1. Seed Round | 13-Jun-2024 | $2.72M | $2.72M | Completed | Generating Revenue |
Distance Technologies Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed | ||||||||
| PS1 |
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Opportunity Score
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Distance Technologies Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Distance Technologies Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Distance Technologies Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Scale Capital | Venture Capital | Minority | ||
| GV | Corporate Venture Capital | Minority | ||
| Bragiel Brothers | Venture Capital | Minority | ||
| Business Finland | Government | Minority | ||
| Angel (individual) | Minority |
Distance Technologies FAQs
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When was Distance Technologies founded?
Distance Technologies was founded in 2024.
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Where is Distance Technologies headquartered?
Distance Technologies is headquartered in Helsinki, Finland.
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What is the size of Distance Technologies?
Distance Technologies has 51 total employees.
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What industry is Distance Technologies in?
Distance Technologies’s primary industry is Aerospace and Defense.
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Is Distance Technologies a private or public company?
Distance Technologies is a Private company.
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What is Distance Technologies’s current revenue?
The current revenue for Distance Technologies is .
-
How much funding has Distance Technologies raised over time?
Distance Technologies has raised $13.8M.
-
Who are Distance Technologies’s investors?
Scale Capital, GV, Bragiel Brothers, Business Finland, and are 5 of 11 investors who have invested in Distance Technologies.
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