Announced

Completed

Dragonfly Capital led a $15m Series A funding round in Andrena.

Synopsis

Dragonfly Capital, an investment firm, led a $15m Series A funding round in Andrena, a company that provides high-speed residential and commercial Internet, with participation from Afore Capital, FJ Labs, Castle Island Ventures, Chaos Ventures, KohFounders, J Ventures, Blockchange Ventures, Moonshot Research, and EV3. "The digital divide is a very real problem in communities across the US, and Andrena's mission is to tackle that problem directly by providing affordable and convenient Internet so consumers have immediate access to remote work, educational opportunities, telehealth, and more. In the process of building a new affordable Internet solution, we created a system that simultaneously caters to luxury apartments as well. We believe that solving the connectivity needs of both types of properties can usher in the next generation of Internet. With this new funding, we plan to expand our service to hundreds of thousands of households, continuing to bridge the gap between access and affordability, with a premium solution," Neil Chatterjee, Andrena Co-Founder and CEO.

Principals

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US