Aerospace Capital Raises in the U.S. – August 26th-September 1st, 2024

Aerospace Capital Raises in the U.S. – August 26th-September 1st, 2024
The Aerospace sector has seen significant activity this past week, with several companies securing substantial funding to drive innovation. 
If you would like more info on these deals or would like to discuss the capital-raising market for your company, please contact me.
 
PE Growth/Expansion
  1. Parry Labs, provider of technology services intended to design and deploy advanced system solutions based in Alexandria, Virginia, raised $80 million in private equity capital to enhance its artificial intelligence and power systems for aerospace and defense applications. (Lead Investor: Capitol Meridian Partners)
Merger/Acquisition and Corporate
  1. Swan, manufacturer of scalable autonomous products located in San Francisco, California, raised $6 million in seed funding to develop autonomous systems and defense solutions. (Lead Investor: Andreessen Horowitz)
  2. Aero Turbine, provider of turbine engine development and accessory maintenance based in Stockton, California, was acquired by StandardAero, via its financial sponsor The Carlyle Group, through an LBO.
Later Stage VC
  1. SpaceX, developer of rockets and spacecraft products designed to advance space transportation based in Hawthorne, California, secured additional capital, reaching a post-valuation of $180 billion. (Investors: ARK Venture Fund, D/XYZ, East River Venture Partners)
Seed Round, Angel and Grant
  1. bluShift Aerospace, operator of an aerospace company based in Brunswick, Maine, raised $1.47 million in seed funding to develop its clean transportation and launch services for the aerospace sector. (Lead Investor: Late Stage Capital)
 
#castleplacement #capitalraising #privateequity #venturecapital #investment #aerospace #defense

Jesus Tueme

Managing Director

Finance and banking executive with a global perspective, broad professional practice and extensive network in Latin America. 22 years at BBVA, BNPP and Credit Agricole. Successful deal-making track record with multinationals, major Latin American issuers and government agencies. Extensive experience in restructuring/special situations, initial public offerings, corporate strategy, evaluating alliances, mergers and acquisitions, corporate governance, risk management, customer centric and digital strategies, and financial analytics. BS in Economics from Mexico Monterrey Institute of Technology. MBA from the University of California Los Angeles in 1987. Graduated from Harvard Business School General Management Program. Further academic work on Risk Management at Stanford University and as a research and finance scholar at the Monterrey Institute of Technology.

  • Email: jtueme@castleplacement.com
  • (C) (646) 479-7616

Jesus Tueme

Jesus Tueme

Managing Director

Jesus Tueme

Managing Director

Please contact me if you have any questions or would like to discuss your capital raise:

Email: jtueme@castleplacement.com

(C) (646) 479-7616

Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement™ does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.

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Thanks, Ken

Ken Margolis | Managing Partner Castle Placement
1460 Broadway Street
New York, New York 10036
(212) 418-1180
kmargolis@castleplacement.com

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