FOR IMMEDIATE RELEASE
Cites Vita’s Military and Industrial Momentum as it Scales Product Deployment
(Broomfield, CO — June 23, 2021) — Vita Inclinata Technologies, which stabilizes spin and swing with the touch of a button, today announced that Stony Lonesome Group (“SLG”) will lead a Bridge Round ahead of a large growth equity round.
The funds will be used to help scale the company’s industrial and aerospace operations to meet accelerating defense and commercial demand and momentum, as well as to help meet Congressional Defense Appropriations targets.
Stony Lonesome Group noted that Vita’s mission to save lives on the battlefield as well as in civilian and industrial scenarios fit well with the firm’s mission-focused investment thesis.
“We invest in both military medicine and technology, and we see Vita Inclinata as a unique intersection of both,” said Sean Drake, Co-founder and Managing Partner of Stony Lonesome Group. “With our focus on mission-driven, dual-use technology investments, Vita Inclinata
represents a classic investment for us: they have strong DOD/GOV traction and SBIR
support, as well as a very exciting commercial pipeline.
Drake noted that SLG partner the Honorable Patrick J. Murphy serves on Vita’s Board; the former Undersecretary of the Army already has a good working relationship with the company and has been instrumental in helping formulate their go-to-market strategy for both sectors.
“I’m thrilled to see the next generation of American innovation come to life on behalf of our troops and civilians. Both Stony Lonesome Group and Vita are leading the way and have formed an incredible partnership,” Murphy said.
Caleb Carr, Vita Inclinata CEO and co-founder, noted that the round is especially welcome as his company’s technology gains traction and recognition. “Our Soldier Touchpoints and live crane operations demonstrations have provided excellent feedback, which we used to improve our systems,” said Caleb Carr, Vita Inclinata CEO and co-founder. “But those improvements have in turn created excitement, demand, and momentum; so we are honored and grateful to work with Stony Lonesome Group to help us scale and meet this surge in demand.”
Terms of the round were not disclosed.
About Stony Lonesome Group
Stony Lonesome Group is a boutique venture capital firm that focuses on early stage seed capital investing encompassing Stony Lonesome Advisors and the Stony Lonesome Capital funds. Founded in 2011, Stony Lonesome Group is a pioneer and thought leader in the Vetrepreneurship ecosystem with a strong commitment to investing in Veteran founded and Service Disabled Veteran led companies. Their investment thesis focuses on Dual-use Mission Focused investing. Stony Lonesome Group is currently investing out of Stony Lonesome Capital II LP- Military Medicine, Healthcare and Veteran Care fund and Stony Lonesome Capital III LP- Cybersecurity, Smart Data, AI and Robotics fund. For more information, visit www.StonyLonesomeGroupLLC.com
About Vita Inclinata
A friend’s death during a rescue operation—with a helicopter close but unable to stabilize due to weather and terrain—was the genesis of Vita Inclinata. Founded in 2015 as a way to solve a real problem, Vita today controls chaotic swinging and spin, and adds precision for rotor wing and fixed wing aircraft and cranes. With the mission of “Bring them home, every time,” Vita’s technology changes the narrative while saving lives, time and money across industries, including search and rescue, military, firefighting, public safety, construction, wind energy, and oil and gas. The company is headquartered in Broomfield, Colorado, with offices in Washington, DC, and new offices opening in 2021 in Huntsville, Alabama. For more information, please visit www.vitatech.co.