Washington Harbour Partners led the financing, which was co-led by Andreessen Horowitz and included participation from Alpine Space Ventures, Founders Fund, Balerion Space Ventures, Fulcrum, 137 Ventures and others. The latest round is the Torrance, California-based startup's second in just over nine months, after it raised a $30 million Series A last April. It has now raised a total of over $136 million since its 2023 inception. Its funding comes amid red-hot investor interest in space tech. Global venture funding to the sector last year totaled $14.2 billion ' more than double the annual totals in 2023 and 2024 ' per Crunchbase data. Funding recipients reliably include a mix of defense tech, satellite and rocket developers, and startups finding innovative use cases for geospatial data. The company said the latest round follows 'millions in signed contracts,' including a $49.8 million contract with the Space Force to support the Satellite Control Network. The SCN, according to...
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