Phantom Space Corp. closed a bridge round to fund the development and manufacturing of satellites and launch vehicles.
Mar 11, 2024•almost 2 years ago
Investors
Kolh CapitalReaser Family OfficeBalerion Space Ventures
Description
Phantom Space Corp. closed a bridge round to fund the Tucson, Arizona-based startup’s development and manufacturing of satellites and launch vehicles. The company has raised about $37 million to date and plans to establish the Phantom Cloud small satellite constellation.
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