Samara Aerospace closes a $10M seed round led by Balerion Space Ventures to enhance satellite stability with its innovative Hummingbird technology.
Amount Raised
$10 Million
Round Type
Seed
San FranciscoManufacturingSolarAerospaceSatellite CommunicationInvestors
Description
San Francisco-based Samara Aerospace has closed a $10M seed round to help bring more stability to sats in orbit. The round was led by Balerion Space Ventures, with additional participation from Illinois Ventures, MFV Partners, and Access Venture Partners. Samara's Hummingbird satellite uses solar panel hinges to achieve greater stability and reduce size and weight. The funding will support the launch of its first Hummingbird satellite in summer 2027.
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