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Inversion Raises $44 Million in Series A Funding Round Led by Spark Capital and Adjacent

Nov 24, 2024•over 1 year ago

Contract Type

partnership

TorranceManufacturing

Description

Inversion, a company pioneering precision delivery on-demand from space to anywhere on Earth, announced a $44 million Series A funding round co-led by Spark Capital and Adjacent, with participation from Lockheed Martin Ventures, Kindred Ventures, and Y Combinator. This funding will be used to scale its operations and build Arc, its next-generation autonomous re-entry vehicle.

Company Information

Company

Inversion

Location

Torrance, California, United States

About

Inversion powers precision delivery on-demand from space to anywhere on Earth. Its fully autonomous re-entry vehicles deliver goods and gear to the planet’s toughest spots – remote islands, uninhabitable mountains, or the middle of the ocean – in less than an hour, within 20 feet (6 meters). Inversion is backed by companies like Adjacent, Kindred, Lockheed Martin Ventures, Spark Capital, and Y Combinator.

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Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months