Swarm drone technology platform for border patrol Pheratech Systems operates in Robotics; this dossier captures the Seed we participated in.
via StoryHouse Fund II, at a $22.5M valuation, alongside 1517.
DEAL STATUS: Did Not Pursue NEXT STEPS: Michael to share deck and term sheet for the round. SUMMARY OF CALL: Catch-up call with Michael at Pheratech. They have pivoted toward a software intelligence layer that is agnostic to hardware, whereas before they were focused on their own drones and hardware. They have also apparently hired a senior…
Source: Meeting Notes recmSqOET0c2MP6Sh