Amount Raised
$12.5 Million
Round Type
Funding Round
AlamedaOtherManufacturingInvestors
Description
Astra Space, Inc. (“Astra”) (NASDAQ: ASTR) announced today that it has closed a registered issuance of $12.5 million aggregate principal amount of senior secured notes (the “Notes”) and warrants (the “Warrants”) to purchase up to 22.5 million shares of Astra’s Class A common stock, par value $0.0001 per share (the “Shares”) to an institutional investor. The Notes bear interest at 9.0% per annum, mature on November 1, 2024, and are secured by a first priority security interest in all of the assets of Astra and its subsidiaries. The Warrants are immediately exercisable at an exercise price of $0.45 per Share, subject to certain adjustments and will expire on August 4, 2028.
Quick answer
Astra raised $12.5 Million in a Funding Round round, dated August 5, 2023. Investors: Astra Space. Astra is based in Alameda, California, United States.
- How much did Astra raise?
- Astra raised $12.5 Million in a Funding Round round on August 5, 2023.
- Who invested in Astra?
- Astra Space is named as investors in this round.
- What does Astra do?
- Astra’s mission is to improve life on Earth from space® by creating a healthier and more connected planet.
- Where is Astra based and how big is it?
- Astra is based in Alameda, California, United States.
- Who are the decision-makers at Astra?
- Fundz holds 1 contact at Astra. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Astra that raised within 45 days of this round, from Fundz verified event records.
- Scinai Immunotherapeutics Ltd raised $1.3M (Seed) on September 19, 2023.
- Mach Industries raised $84M on September 19, 2023.
- VTG raised an undisclosed amount on September 19, 2023.
- Red Leaf Pulp Ltd raised an undisclosed amount (Funding Round) on September 19, 2023.
- Flex Ltd raised $120M on September 19, 2023.
- Machina Labs raised $31M on September 19, 2023.
Who to call at Astra, and when
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- An alert the day Astra raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Astra, from your own LinkedIn network
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Related People
Astra 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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