Fundz

Lumen Orbit raised over $10 million in a seed round led by Y Combinator to build a network of data centers in space for large AI models.

PRIVATEOct 24, 2024

Amount Raised

$10 Million

Round Type

Seed

BellevueManufacturingAerospace

Investors

Y Combinator

Description

Lumen Orbit closed an oversubscribed seed round of more than $10 million, making it one of the most talked-about deals from Y Combinator's latest cohort. The startup aims to develop a gigawatt-capacity network of data centers in space to support AI initiatives.

Quick answer

Lumen Orbit raised $10 Million in a Seed round, dated October 24, 2024. Investors: Y Combinator. Lumen Orbit is based in Bellevue, Washington, United States.

How much did Lumen Orbit raise?
Lumen Orbit raised $10 Million in a Seed round on October 24, 2024.
Who invested in Lumen Orbit?
Y Combinator is 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.

  • Pixxel Space Technologies, Inc. raised $5M (Seed) on November 15, 2024.
  • Vatn Systems raised $13M (Seed) on November 12, 2024.
  • Beta Technologies raised $318M (Series C) on October 31, 2024.
  • The Exploration Company raised $163M (Funding Round) on October 15, 2024.
  • Vatn Systems raised $16M on October 9, 2024.
  • Joby Aviation raised $500M (Funding Round) on October 4, 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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Company Information

Company

Lumen Orbit

Location

Bellevue, Washington, United States

About

Lumen Orbit is building a network of megawatt-scale data centers in space, scalable to gigawatt capacity. Falling launch costs allow us to take advantage of the abundant energy, passive cooling, and ability to rapidly scale in space.

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Fundz sees it the moment Lumen Orbit raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Lumen Orbit 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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