JULY 16, 2019
Thanks to rapid growth, Vita Inclinata Technologies (“Vita”) has successfully closed its Series A investment round. The round was led by the Kanematsu Corporation (“KG”), which was an early believer in Vita’s life-saving technology and the potential that Vita’s Load Stability System (“LSS”) has in Asian and Oceanian markets. Together, KG and Vita will work to establish a deep relationship to bring the LSS to market to save lives.
“We are proud of the investment which will establish the relationship between KG and VITA to fully develop and introduce the solution for the commonly known chaotic motion problem of rescue hoists, baskets, litters and suspended loads in SAR operations. The market has demanded a solution for a long time.”– Kanematsu Corporation, Aerospace Department
Kanematsu Corporation was established by Fusajiro Kanematsu, the company’s founder, as a pioneer for Japan-Australia trade in Kobe, Japan in 1889. With a pioneering spirit and aggressive creative imagination and ingenuity as its guidelines, KG expanded its business into a variety of areas over time and developed into a globalized corporation. Currently, KG provides a broad array of products and services in areas including Aerospace & Motor Vehicles, Electronics & Devices, Foods & Grain, Steel, and Materials & Plant.
Leveraging a dramatic increase in pre-money valuation due to Vita’s breakthrough technology, government contracts, international partnerships, and demonstrated demand for the LSS, Vita is on a trajectory to test, certify, and deploy its life-saving technology to operators worldwide in the near term.
“The Series A round will provide Vita the means to support our military and private industry customers, ensuring that we execute on our mission; to build technology that brings people home…. every time.”– Caleb Carr, President & CEO