Starpath Robotics raised $12M in a seed funding round co-led by 8VC and Fusion Fund to accelerate its moon water mining plans.
Aug 20, 2024•12 months ago
Amount Raised
$12 Million
Round Type
seed
Investors
Indicator VenturesBalerion SpaceDay One VenturesFusion Fund8 Vc
Description
Starpath Robotics has successfully closed a $12 million seed round aimed at advancing its water harvesting technology for lunar resources. The funding will help the company bring its ambitious moon water mining architecture, which includes mining rovers and LOX storage systems, to fruition.
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
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech