Crosense Secures USD 4M Seed Investment

Categories: Capital Markets

Crosense Technologies, an early-stage company specializing in advanced drone detection and tracking solutions, has raised USD 4 million in its Seed Round. The investment was led by Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) and Frontier Capital, providing Crosense with the capital to further develop its cutting-edge technology.

Herzog advised Crosense Technologies on the transaction, with legal counsel provided by partner Aviram Hazak and associate David Azimov.

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