MilitaryVC/PE

True Anomaly Raises $260M Series C

While the company has only sent three of its Jackal satellites to LEO so far, its goal is to take on higher and higher orbits with Jackal missions to GEO and cislunar space as soon as next year.

VC/PE

Apex Raises $200M Series C

“Demand has increased more than production capacity has,” CEO Ian Cinnamon told Payload. “This allows us to vertically integrate faster, and buy more parts ahead of time and stock inventory.”

MilitarySatcomVC/PE

Lockheed Martin Invests $2M in Farcast

Farcast’s technology aims to increase the US military’s satcom connectivity, especially for highly mobile troops. The company’s main competitive advantage, however, may lie in its high-quality user terminals produced at low cost.

VC/PE

Northwood Raises $30M Series A

Alpine Space Ventures and a16z led the round, which also included participation from Also Capital, Founders Fund, and Stepstone.

TechnologyVC/PE

Aetherflux Raises $50M Series A

Index Ventures and Interlagos led the round, which also included participation from Breakthrough Energy Ventures, Andreessen Horowitz, NEA, and actor Jared Leto, among others.

EquitiesVC/PE

Spaceium Closes $6.3M Seed Round

Spaceium, an in-orbit refueling service, raised a $6.3M seed round led by Initialized Capital with participation from 15 additional VC firms and angel investors. The Y-Combinator-backed startup plans to use the funding to demonstrate its refueling technology in orbit and expand its team. “Fuel for spacecraft is a massive bottleneck in the industry,” Spaceium CEO […]

StartupsVC/PE

FUSE Launches Space-Focused VC Program

The new FUSE Space Program will invest $1M in early space companies. The CEOs of Quindar and Lumen Orbit will serve as scouts, helping to find founders and ideas that would make good investments.