Amount Raised
$60 Million
Round Type
series b
Description
CesiumAstro Inc. (“Cesium” or “Company”), a developer of advanced aerospace communication systems, today announced it has secured $60 million in an oversubscribed Series B funding round, co-led by Airbus Ventures and Forever Ventures, with strategic participation from L3Harris Technologies (NYSE: LHX). Returning investors include Kleiner Perkins, Lavrock Ventures, Franklin Templeton Blackhorse Fund, and HEICO (NYSE: HEI).
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech