Star Catcher Industries, Inc. closed $12.25M seed round led by Initialized Capital and B Capital to build world's first space-based energy grid

Jul 24, 2024•over 1 year ago

Amount Raised

$12.3 Million

Round Type

seed

JacksonvilleRenewable EnergyEnergy

Investors

Rogue VcB CapitalInitialized Capital

Description

Star Catcher Industries, Inc. closed a $12.25M seed round led by Initialized Capital and B Capital, with participation from Rogue VC. The funding will enable the construction of the Star Catcher Network, the world's first space-based energy grid, to eliminate power constraints on space operations and meet the growing demand for high-performing, power-intensive applications in space.

Company Information

Company

Star Catcher

Location

Jacksonville, North Carolina, United States

About

At Star Catcher, we're building the future of space infrastructure. Star Catcher's mission is to eliminate power constraints on satellites and other spacecraft by constructing the Star Catcher Network: the world’s first space-based energy grid. Star Catcher’s proprietary power beaming technology will beam power to other satellites in space as a service, providing more power and higher concentrations of power in order to increase capability and uptime as well as reduce upfront spending and overall mission cost.

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