Financing ·
Veea Inc. receives $1.65M from principal stockholder NLabs via unsecured promissory notes for working capital
VEEAWVeea Inc.
On September 29, 2026, Veea Inc. entered into unsecured loan agreements with NLabs Inc., a principal stockholder and affiliate of the CEO. The company received four demand promissory notes totaling $1,650,000 ($500,000 x3 + $150,000) for working capital purposes. Interest accrues at 10% annually and is payable upon maturity or demand, with the earlier of December 31, 2026, or NLabs' demand triggering repayment. The company may prepay without penalty. Veea Inc. operates in the technology sector, providing digital rights management and advertising verification solutions.