Space Technology Capital Raises in the U.S. – August 19th-25th, 2024

Space Technology Capital Raises in the U.S. – August 19th-25th, 2024

The Space Technology sector has seen 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.

 

Here are the capital raises:

Later Stage VC

  1. Hermeus, based in Atlanta, GA, raised $59.18 million of Series A venture funding in a deal led by Canaan Partners

Early Stage VC

  1. Starfighters Space, Cape Canaveral, FL, raised $ 7.235 million of venture funding through a combination of convertible debt and equity.
  1. AstroForge, Huntington Beach, CA, raised $40 million through a combination of Series A venture funding in a deal led by Nova Threshold.

Seed Round, Angel and Grant

  1. Starpath, Los Angeles, CA, raised $12 million of seed funding in a deal led by 8VC and Fusion Fund.

#castleplacement #capitalraising #privateequity #venturecapital #investment #SpaceTech #innovation

John Silvestri

Managing Director

Finance, strategy and capital markets executive. Originated structured and executed, as principal, agent and underwriter, over $4 billion of public and private, structured and project finance transactions. Industry expertise includes Energy and Power, Technology/Fintech/Digital, Sponsor, Transportation and Infrastructure, Consumer, Industrials and Agriculture, Banking, and Specialty Finance. Companies ranging from small to large, leveraged, high grade, venture, SPV’s and project finance. Transaction expertise across capital structure includes public and private bonds, equity, structured and direct investments, and unitranche. Leveraged finance includes senior/sub, bridge, acquisition, mezzanine, equity co-investment, and re-capitalizations. Previously, founder of an advisory and a direct investment business, Managing Director and Co-head of Investment Banking at Altamar Capital, and Director and Head of High Yield Capital Markets in New York for Barclays Capital. BS in Management from SUNY Buffalo. MBA from Fordham Gabelli Business School. FINRA Series 7 and 63 licenses.

John Silvestri

John Silvestri

Managing Director

John Silvestri

Managing Director

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

Email: jsilvestri@castleplacement.com

(C) (203) 803-9861

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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