SYOS announces convertible-note funding for expansion
Land Offset reports that SYOS Aerospace announced financing involving NZVC, Outset Ventures and Altered Capital. The company did not disclose the amount raised or a valuation.
According to Land Offset, SYOS Aerospace says its convertible-note financing will support research, manufacturing capacity and international expansion. The announcement names NZVC, Outset Ventures, Altered Capital and unnamed strategic funds, but does not disclose the note’s value or conversion terms. This is not a disclosed priced equity round. Read the original Land Offset article.