Category: Space
CesiumAstro Series B+ Secures $65M in Funding, Setting New Milestone
- CesiumAstro secures $65M in Series B+ funding, totaling $156M since 2017
- Funding led by Trousdale Ventures, Development Bank of Japan, and Quanta Computers, Inc.
- CesiumAstro to address growing demand for reliable connectivity in space communications
- Aim to expand commercial client base alongside government contracts
- Other space startups like IENAI, Apex, Rollup, and Xona Space Systems also secure significant funding
CesiumAstro Series B+ Funding: A Game-Changer in Space Communications
CesiumAstro, a prominent player in the space communications technology sector, has recently made waves by securing a substantial $65M in Series B+ funding. Read more
CesiumAstro Funding Round Soars Past Expectations with $65M in Oversubscribed Funding
- CesiumAstro secures $65 million in an oversubscribed funding round led by Trousdale Ventures, DBJ, and Quanta Computer
- Investment validates CesiumAstro’s innovative space communications technology with industry-leading products
- Funding to accelerate research, development, manufacturing, and global expansion, strengthening leadership in the industry
- DBJ supports CesiumAstro’s mission to transform space communications and enable connectivity solutions
- CesiumAstro’s team of over 200 professionals and robust capabilities position them for continued success in the space communications sector
CesiumAstro Secures $65M in Oversubscribed Funding Round
CesiumAstro, a prominent player in the space communications technology sector, has recently made waves by successfully closing a $65 million Series B+ funding round. Read more
Tech Fund’s Bold Investment in SpaceX Leads to Massive Surge, OpenAI Left in the Dust
- Tech Fund Destiny Tech100 Inc., holding shares of private tech firms like SpaceX and OpenAI, sees a 23% decline, losing over 80% from peak
- Fund trading at $18.83, valued four times above reported net asset value of invested tech companies
- President of Smead Capital Management likens investing in DXYZ to gambling, as volatility persists
- Fund’s fair net asset value of $54.3 million contrasts with implied market capitalization of over $200 million
- Company plans to raise money by selling up to $1 billion in stock to invest in a portfolio of 100 companies, aiming to dilute investors’ shares
Tech Fund SpaceX: A Rollercoaster Ride in the Stock Market
In the fast-paced world of stock trading, Destiny Tech100 Inc., Read more