Lumen Orbit raises $2.4M in a pre-seed investment round to launch satellites for in-space edge processing.
Amount Raised
$2.4 Million
Round Type
Pre-Seed
BellevueManufacturingAerospaceInvestors
Description
Lumen Orbit, a startup that's only about three months old, secured a $2.4 million pre-seed investment round to put hundreds of satellites in orbit for processing data in space. The investors include Nebular, Caffeinated Capital, Plug & Play, Everywhere Ventures, Tiny.vc, Sterling Road, Pareto Holdings, Foreword Ventures, and more than 20 angel investors, including four Sequoia Scouts investing through the Sequoia Scout Fund.
Quick answer
Lumen Orbit raised $2.4 Million in a Pre-Seed round, dated March 12, 2024. Investors: Tiny VC, Sequoia Scouts, Foreword Ventures, Pareto Holdings, Sterling Road, Everywhere Ventures, Plug & Play and Caffeinated Capital. Lumen Orbit is based in Bellevue, Washington, United States.
- How much did Lumen Orbit raise?
- Lumen Orbit raised $2.4 Million in a Pre-Seed round on March 12, 2024.
- Who invested in Lumen Orbit?
- Tiny VC, Sequoia Scouts, Foreword Ventures, Pareto Holdings, Sterling Road, Everywhere Ventures, Plug & Play and Caffeinated Capital are named as investors in this round.
- What does Lumen Orbit do?
- Lumen Orbit is building a network of megawatt-scale data centers in space, scalable to gigawatt capacity.
- Where is Lumen Orbit based and how big is it?
- Lumen Orbit is based in Bellevue, Washington, United States. Fundz records about 10 employees.
- Who are the decision-makers at Lumen Orbit?
- Fundz holds 1 contact at Lumen Orbit. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Aerospace and Manufacturing around the same time
Companies in the same sectors as Lumen Orbit that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1B (Funding Round) on March 25, 2024.
- World View raised an undisclosed amount (Series D) on March 14, 2024.
- Phantom Space Corporation raised an undisclosed amount (Funding Round) on March 11, 2024.
- World View raised an undisclosed amount (Series D) on February 27, 2024.
- Cosmic Aerospace raised $4.5M (Seed) on February 23, 2024.
- Vertical Aerospace raised $50M on February 22, 2024.
Who to call at Lumen Orbit, and when
A new round usually means Lumen Orbit is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Lumen Orbit raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Lumen Orbit, from your own LinkedIn network
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