Xona Raises $19M Series A
Xona Space Systems is working to build an alternative to GPS in LEO, and it’s just secured an additional $19M to make that goal a reality.
VC/PE
Stories about how space companies are raising money to take on next-gen missions.
Danti Raises $5M, Announces US Military Customers
AI startup Danti raised a $5M funding round to grow the engineering and go-to-market teams for its AI-powered search engine that can sift through large amounts of data, including satellite imagery, CEO Jesse Kallman told Payload.
Seraphim Launches New $100M Space Venture Fund
The fund has already invested in nine companies, including Hubble, Delos, ATMOS, and Auriga.
Varda Raises $90M Series B
On the heels of its first successful mission returning in-space manufactured drugs from orbit, Varda Space Industries has closed a $90M Series B, bringing the company’s total fundraising to date to $145M.
DoD Opens Line of Communication to VCs
The Space Force is meeting with the top funders of commercial space tech, opening a line of communication between the national security and VC communities about threats in orbit and the up-and-coming tech needed to counter them.
Phantom Raises a Bridge Round
Phantom Space has raised a bridge round of funding to scale up hiring ahead of its first rocket launch next year. Balerion Space Ventures led the round, which also included participation from the Reaser Family Office, KOLH Capital, and a handful of existing and new investors. The new tranche of funding brings the company’s total […]
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.
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.