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17 Miles Technology operates as an investment entity, providing capital to early-stage technology companies. The firm identifies and backs nascent ventures demonstrating potential in evolving markets, strategically deploying resources to support their development. Its approach centers on fostering innovation within the broader tech ecosystem through selective financial partnerships with promising startups.
The firm was incorporated in March 2016 in Campbell, California, emerging from an understanding of the increasing need for seed funding within the rapidly expanding technology sector. This timing allowed 17 Miles Technology to position itself as an early supporter for companies at critical junctures in their foundational growth, capitalizing on the demand for specialized financial backing in new tech paradigms.
Primarily, 17 Miles Technology engages with startups across various emerging technology domains. Its vision involves contributing to the advancement of disruptive technologies by empowering founders to transform their concepts into market-ready solutions. The firm aims to remain a pivotal early-stage investor, facilitating the journey of groundbreaking companies from initial ideation to established market presence.
17 Miles Technology has 1 tracked investment across 1 company. The latest tracked deal is $2.1M Seed in LucidCam in April 2016.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 13, 2016 | LucidCam | $2.1M Seed | — | Lab360, S2 Capital, TSVC, Wistron |