AscendArc raised $4M in seed funding led by Seraphim Space to develop small GEO communication satellites.
Amount Raised
$4 Million
Round Type
Seed
PortlandAerospaceInvestors
Description
AscendArc has emerged from stealth with $4M in funding to develop small GEO communication satellites. The Portland, OR-based startup aims to provide cost-efficient satellite solutions using smaller GEO satellites.
Quick answer
AscendArc raised $4 Million in a Seed round, dated January 29, 2025. Investors: Everywhere Ventures, Portland Seed Fund, Thermo, Hunter Communications and Seraphim Space. AscendArc is based in Portland, Oregon, United States.
- How much did AscendArc raise?
- AscendArc raised $4 Million in a Seed round on January 29, 2025.
- Who invested in AscendArc?
- Everywhere Ventures, Portland Seed Fund, Thermo, Hunter Communications and Seraphim Space are named as investors in this round.
- What does AscendArc do?
- AscendArc is fundamentally changing the economics of the satellite communications industry by designing and manufacturing low incremental cost, rapidly deployed, high bandwidth, volume produced, small geostationary..
- Where is AscendArc based and how big is it?
- AscendArc is based in Portland, Oregon, United States. Fundz records about 11 employees.
- Who are the decision-makers at AscendArc?
- Fundz holds 2 contacts at AscendArc. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Aerospace around the same time
Companies in the same sectors as AscendArc that raised within 45 days of this round, from Fundz verified event records.
- Rangsons Aerospace raised $37M on March 13, 2025.
- Lunar Outpost raised $2M on March 11, 2025.
- Quantum Space raised an undisclosed amount (Funding Round) on March 11, 2025.
- HopFlyt raised $200K (Seed) on March 11, 2025.
- Lightpath raised $32M on March 5, 2025.
- Esper raised $5M (Seed) on March 4, 2025.
Who to call at AscendArc, and when
A new round usually means AscendArc is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day AscendArc raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at AscendArc, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at AscendArc. With Fundz connected, it knows.
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Fundz sees it the moment AscendArc raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
AscendArc raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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