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Portal Space Systems raises undisclosed venture funding for its ultra-mobile Supernova spacecraft

PRIVATEApr 30, 2024

Round Type

Funding Round

BothellTransportationAerospaceSatellite Communication

Description

Portal Space Systems has raised an undisclosed amount of venture funding for the development of its ultra-mobile Supernova spacecraft. The Supernova satellite bus is designed to revolutionize in-space transportation and maneuverability, with a focus on responsiveness and agility to support national security missions.

Quick answer

Portal Space Systems raised an undisclosed amount in a Funding Round round, dated April 30, 2024. Portal Space Systems is based in Bothell, Washington, United States.

How much did Portal Space Systems raise?
Portal Space Systems raised an undisclosed amount in a Funding Round round on April 30, 2024.
What does Portal Space Systems do?
Portal Space Systems is a Seattle-based space start-up solving the need for mobility in space.
Where is Portal Space Systems based and how big is it?
Portal Space Systems is based in Bothell, Washington, United States. Fundz records about 13 employees.
Who are the decision-makers at Portal Space Systems?
Fundz holds 2 contacts at Portal Space Systems, including the Head of Marketing and Commercial Business Development. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Aerospace around the same time

Companies in the same sectors as Portal Space Systems that raised within 45 days of this round, from Fundz verified event records.

  • Isar Aerospace raised $20M (Debt Financing) on June 4, 2024.
  • Infinite Orbits raised $13M (Funding Round) on May 13, 2024.
  • Katalyst Space Holdings raised $881K (Seed) on April 22, 2024.
  • Iceye raised $93M (Funding Round) on April 17, 2024.
  • Satellogic raised $30M (Corporate Round) on April 15, 2024.
  • Jet.AI raised $1.5M (Seed) on March 28, 2024.

Who to call at Portal Space Systems, and when

A new round usually means Portal Space Systems is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Portal Space Systems raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Portal Space Systems, from your own LinkedIn network

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Company Information

Company

Portal Space Systems

Location

Bothell, Washington, United States

About

Portal Space Systems is a Seattle-based space start-up solving the need for mobility in space. Our flagship product, the Supernova satellite bus, is engineered for rapid and long-range in-space maneuverability. Our payload-agnostic, 500 kg spacecraft features a novel solar-thermal propulsion system, which enables a remarkable six km/s delta-v, a 50X improvement over existing products on the market. The company was founded in 2021 by industry leader Jeff Thornburg, alongside COO Ian Vorbach and VP of Engineering Prashaanth Ravindran. We are on a mission to empower the next generation of space operators to maintain space superiority.

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Related People

2 contacts
Verified contactsJen, Head of Marketing and Commercial Busine… hidden hiddenSee plans and pricing
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Portal Space Systems 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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