SpaceTech Capital Raises in the U.S. – December 1st-15th, 2024
Some interesting transactions closed in the SpaceTech sector over the past two weeks. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.
Merger/Acquisition and Corporate
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- AirBorn, manufacturer of specialty electronics intended to serve the aerospace, energy, geophysical, industrial, instrumentation, marine, medical, space exploration, storage and networking and telecommunications, was acquired by Molex, a subsidiary of Koch.
Later Stage VC
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- Lunar Outpost, developer of space robotics designed to extend the presence on the lunar surface while having a positive impact on Earth, raised Series A venture funding in a deal led by Type One Ventures and Industrious Ventures.
- Orbite, provider of commercial astronaut training intended for space mission training, raised $4 million of Series A venture funding.
- Pixxel, developer of hyperspectral satellites designed to capture geospatial data of every location on the planet, raised $60 million of Series B venture funding from Glade Brook Capital Partners, Radical Ventures and Lightspeed India Partners, M&G Catalyst, Alphabet, and other investors.
Angel, Seed, and Grant
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- Lumen Orbit, developer of power and cooling systems intended to create data centers in space that are cost-competitive, sustainable, and rapidly scalable, raised $11 million of seed funding in a deal led by NFX.
#castleplacement #capitalraising #privateequity #venturecapital #investment #SpaceTech
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.
- Email: jsilvestri@castleplacement.com
- (C) (203) 803-9861
 John SilvestriManaging 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
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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.b
