EtherealX raised $5 million in a funding round led by YourNest to develop reusable launch vehicle engines.
Aug 06, 2024•over 1 year ago
Amount Raised
$5 Million
Investors
Golden Sparrow VenturesCampus FundBlue Hill CapitalBig Global InvestmentsYour Nest
Description
Space technology startup EtherealX has raised $5 million in a funding round led by YourNest. The funds will be utilized for the completion of their test facility and final tests of the engine for their fully-reusable medium-lift launch vehicle.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers