Lumen Orbit Raises $2.4M to Speed Up Downlink
Lumen Orbit, a startup that aims to speed up downlink times by processing data in space, is emerging from stealth today with $2.4M in funding.
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Stories about how space companies are raising money to take on next-gen missions.
Unseenlabs Raises €85M for Maritime Tracking
Unseenlabs, a French space company building a constellation for maritime surveillance, has raised an €85M ($92.2M) funding round that will support its expansion outside of Europe.
SpaceFields Closes an $800,000 Seed Round
SpaceFields, a startup building novel rocket engines and propulsion systems, has closed $800,000 in seed funding, the Bengaluru, India-based company announced yesterday.
Inside Booz Allen Hamilton’s Hunt for the Right Space Startup
The two-year-old fund has invested in Albedo Space, which aims to make very low flying satellites, and Synthetaic, an AI start-up most famous for finding the origin of a Chinese spy balloon buried in satellite data.
LeoLabs Raises $29M for a Global Tracking Network
LeoLabs clinched $29M in funding to fulfill its dreams of truly global coverage and deep, AI-powered analytics to support its LEO-monitoring space radar network.
AI Startup Synthetaic Closes $15M Series B
Synthetaic closed a $15M Series B round on Tuesday that will help bring its AI-driven image search tech to market.
Lunar Resource Extraction Startup Interlune Raises $15.6M
Interlune, an in-space resource mining startup operating in stealth, has secured $15.6M of funding
Quindar Raises $6M Seed Extension and Partners with KSAT
Quindar is moving toward its satellite constellation automation goals with the help of a $6M seed extension round and a strategic integration partnership with KSAT.
Private Space Firms Had Their Worst Fundraising in a Decade
Private space companies raised $17.9B last year—a 25% reduction from 2022 and the lowest in ten years, according to a report released today by venture fund Space Capital.
Exclusive: SynMax Raises $13M
SynMax, a satellite data analytics company building products to monitor industrial assets and dark ships around the globe, has raised a $13M round of funding as it eyes new markets for its analysis platforms.
True Anomaly Closes $100M Series B
True Anomaly has pulled in a $100M Series B to help it build and deploy its space tech and ensure national security extends into Earth’s orbit for the US and its allies.
Armada Emerges from Stealth with $55M
Armada, an SF-based startup building AI-powered tools to improve data processing, emerged from stealth yesterday with $55M in hand.