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Lunar Helium-3 Mining secures Series A financing of up to $20 million to build infrastructure for lunar helium-3 extraction, addressing clean energy needs.

PRIVATEMay 21, 20263 months ago

Amount Raised

$20 Million

Round Type

Series A

Scottsdale

Description

Lunar Helium-3 Mining (LH3M) has announced a Series A funding round targeting up to $20 million. The funds will accelerate the commercialization of lunar helium-3, a resource critical for clean energy. LH3M aims to establish the necessary infrastructure for extraction and processing on the Moon. This initiative seeks to capitalize on a projected market opportunity exceeding $17 trillion.

Company Information

Company

Lunar Helium-3 Mining

Location

14362 N FRANK LLOYD WRIGHT BLVD #1000

Scottsdale, Arizona, United States

Predictive Intelligence
Strategic

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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