Sift Raises $17.5M Series A To Fuel its Telemetry Stack
“Look at the bill of materials for a modern machine—50% of its software.”
VC/PE
Stories about how space companies are raising money to take on next-gen missions.
CesiumAstro Pockets $65M in Series B+ Funding
CesiumAstro plans to use the extra funds to meet the market’s rapidly growing need for dependable connectivity.
IENAI Propels Forward with its €3.9M Funding Round
Spain-based Space Mobilization start-up IENAI just closed a €3.9 million funding round.
Apex Raises $95M in Series B
With Aries already sold out into 2025, Apex plans to use the influx of cash to expand its production capabilities to meet growing customer orders.
Software Startup Rollup Emerges From Stealth
A new startup, Rollup, is emerging from stealth today with $5.6M in funding and a plan to streamline the development of complex hardware.
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.
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.