Raise Scoreboard
Week 43Modal Labs, Inc. $602MFormfactor Inc $300MXona Space Systems Inc. $239MWaveDivision Capital XIX, LLC $163MSend Cut Send, Inc. $140MTCG Opportunity Fund II, LLC $113MCarter Investment Holdings, L.P. $112MTown.com, Inc. $104M

Box score

Proper Voltage, Inc.

Reported $6.5M sold in a new Form D filed May 27, 2026 (Carlsbad, California).

Biggest raise
$6.5M filed May 27, 2026
League
Tech Other Technology
Based in
Carlsbad, California
Season rank
#670 of 2,760 in the Tech League; #2394 of 10,745 overall (2026)
Entity
Corporation

Form D filings since 2024 2

FiledFormSoldOfferingInvestorsSecuritiesExemptionsFiling
2026-05-27New notice$6.5M$10M19Equity06bSEC
2026-05-27Amendment$18.5M$18.5M42Option/Warrant, Security to be acquired06bSEC

Amounts are cumulative for each offering as of the filing date, so an amendment can repeat or update an earlier figure; filings are not added together. CIK 1966781.

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