Fundraising Fox

Packet Digital

Fargo, US · North Dakota LLC · 1 known investors

Packet Digital develops power systems and power management technologies for autonomous systems operating in air, sea, land, and space, including unmanned aircraft and solar products. It also provides engineering services and embedded software work for these applications.

Founders & leadership

TZTerri Zimmerman
Terri ZimmermanCEO
APAndrew Paulsen
Andrew PaulsenCTO
JJ
Jeff JonsonNamed on SEC filing
RR
Ronald RobsonNamed on SEC filing
JD
John, Dr. CookNamed on SEC filing
LP
Linda PancratzNamed on SEC filing

Investors · 1

Reported raises · per SEC filings

Form D private placements

$9.7M disclosed across 1 round · 2012

$9.7MraisedApr 2018 · 29 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Terri ZimmermanExecutive Officer, Director
  • Jeff JonsonDirector
  • Ronald RobsonExecutive Officer
  • John, Dr. CookDirector
  • Linda PancratzDirector
Offering amount
$10.9M
Amount sold
$9.7M
First sale
Apr 2012
Incorporated
Limited Liability Company, North Dakota
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 4

by search overlap

Companies competing with Packet Digital for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 7 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
Department of EnergyPhase I2016$148.4K
National Science FoundationPhase I2014$150K
National Science FoundationPhase I2013$141.8K
National Institutes of Health (NIH)National Institutes of HealthPhase II2011$825K
National Institutes of Health (NIH)National Institutes of HealthPhase I2010$125K
U.S. NavyNavyPhase II2009$1.9M
U.S. NavyNavyPhase I2008$70K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does Packet Digital do?
Packet Digital develops power systems and power management technologies for autonomous systems operating in air, sea, land, and space, including unmanned aircraft and solar products. It also provides engineering services and embedded software work for these applications.
Who are Packet Digital's investors?
Packet Digital's investors include Dakota Venture Group.
How much funding has Packet Digital raised?
Packet Digital has disclosed $9.7M raised across 1 round.
Where is Packet Digital headquartered?
Packet Digital is headquartered in Fargo, US.