Menu

Veteran Ventures Capital provides update on its portfolio companies

The latest issue of the Eagle’s Nest Newsletter from Knoxville-headquartered Veteran Ventures Capital (VVC) spotlights several of the fund’s portfolio companies. Those are on top of the recent announcement of VVC’s sixth investment from Veteran Fund I in Grist Mill Exchange.

The highlights include:

  • Silent Arrow®, which provides heavy payload autonomous cargo delivery, has been awarded a $2.2 million U.S. Department of Defense contract from the Warfighting Lab Incentive Fund, including the purchase of five Silent Arrow® GD-2000 Autonomous Cargo Delivery Aircraft Systems for Operational Evaluation and Concept of Operations development.
  • Haven‘s partnership with Johnson Controls International (JCI), a Fortune 500 conglomerate, continues to strengthen as they enter into co-development of next generation PowerG Lockdown unit. Haven markets a high-strength smart lock that’s 10x stronger than a deadbolt and installs in less than 15 minutes.
  • SEE ID announced that Victoria, TX Caterpillar plant is issuing a purchase order for the first installation of its technology on Caterpillar equipment. The company provides a patented passive RFID tracking solution.
  • VeriTX, a digital marketplace for buying and selling digital/physical assets using blockchain technology, officially closed its $5 million Series A recently.
  • Hero Beverage Company continues to build on a series of strategic alliances and is now the exclusive specialty coffee brand of the Washington Nationals.

Stay connected with us on Twitter and LinkedIn. Article ideas and other suggestions should be sent to tballard@pyapc.com. Include the name and contact information (phone and email) for follow-up.