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Lunar Outpost Raises $30 M In Series B Funding Led By Industrious Ventures To Accelerate Production And Deployment Of Its Robotics And Mobility Platforms. announced it raised $32.1 Million in an initial filing from an offering of $37.1 Million

PRIVATEMay 07, 202622 days ago

Amount Raised

$32.1 Million

Round Type

series b

ArvadaInformation TechnologyAerospace

Investors

Reliable EquityPromus VenturesEniac VenturesType One VenturesIndustrious Ventures

Description

Lunar Outpost, a Golden, CO-based company specializing in off-planet mobility and in-space infrastructure, raised $30M Series B in funding. The round was led by Industrious Ventures, with participation from Type One Ventures, Eniac Ventures, Promus Ventures, Reliable Equity, and others. They plan to use the funds to scale the industrial layer required for a permanent human presence in space. Founded by Justin Cyrus, the company continues to invest in autonomous capabilities for its fleet of spacecraft.

Company Information

Company

Lunar Outpost

Location

Arvada, Colorado, United States

About

Lunar Outpost is the industry leader in space robotics, lunar surface mobility, and space resources. We are on a mission to enable an extended human presence in space while utilizing the vast resources in space to drive positive impacts here on Earth. From our five rovers headed to the Moon to explore, prospect, and establish infrastructure, to the creation of oxygen on Mars, our impact spans the solar system. Lunar Outpost’s mobility and robotic systems, ranging from our exploration-class Mobile Autonomous Prospecting Platform (MAPP) rover to our truck-sized industrial Lunar Terrain Vehicle (LTV), will be the workforce for the New Space economy and enable Lunar Outpost to bring the infinite value of space to benefit humanity on Earth and beyond. Through notable commercialization and amazing partnerships, Lunar Outpost creates tremendous value in the New Space economy.

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