Ursa Major Raises $138 Million To Introduce Solid Rocket Motor Line And Scale Rocket Propulsion For Space And Hypersonic Applications
Nov 30, 2023•about 2 years ago
Amount Raised
$138 Million
BerthoudManufacturingInvestors
Ursa MajorXnLlcMack & Co.Exor VenturesBlack RockExplorer 1 FundRtx VenturesExplorer 1Eclipse
Description
Ursa Major, America's leading privately funded company focused solely on rocket propulsion, today announced that it closed $138 million in its Series D and D-1 funding rounds. The investments were led by Explorer 1 Fund and Eclipse, and include RTX Ventures, funds and accounts managed by BlackRock, Exor Ventures, Mack & Co., LLC, XN, and other institutional shareholders.
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
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