Fundz

Xona Secures Investment From First Spark Ventures And Lockheed Martin To Accelerate Leo Gps Alternative

PRIVATEAug 03, 2022

Round Type

Venture

BurlingameOtherPrivacy And SecurityAerospace

Description

Xona Space Systems, a pioneer in navigation technologies from Low Earth Orbit (LEO), is excited to announce that they have raised an oversubscribed financing round to accelerate the development of their high-performance commercial satellite navigation network, bringing their total funding to over $25M.

Quick answer

Xona Space Systems raised an undisclosed amount in a funding round, dated August 3, 2022. Xona Space Systems is based in Burlingame, California, United States.

How much did Xona Space Systems raise?
Xona Space Systems raised an undisclosed amount in a funding round on August 3, 2022.
What does Xona Space Systems do?
Xona Space Systems is developing an independent high-performance satellite navigation and timing system to meet the needs of intelligent systems.
Where is Xona Space Systems based and how big is it?
Xona Space Systems is based in Burlingame, California, United States. Fundz records about 60 employees.
Who are the decision-makers at Xona Space Systems?
Fundz holds 3 contacts at Xona Space Systems, including the Recruiter. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Privacy And Security and Aerospace around the same time

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

  • OneLayer raised $6.5M on September 15, 2022.
  • Morpheus Space raised $28M (Series A) on September 14, 2022.
  • HopFlyt raised $1.5M (Seed) on September 13, 2022.
  • Astra raised $11M on September 9, 2022.
  • Huntress Labs Inc raised $40M (Debt Financing) on September 9, 2022.
  • MedMinder Systems raised $35M (Funding Round) on September 8, 2022.

Who to call at Xona Space Systems, and when

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

  • An alert the day Xona 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 Xona Space Systems, from your own LinkedIn network

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Company Information

Company

Xona Space Systems

Location

Burlingame, California, United States

About

Xona Space Systems is developing an independent high-performance satellite navigation and timing system to meet the needs of intelligent systems. Delivered via a secure, high-power signal from Xona's low Earth orbit satellites, the patent-pending PULSAR™ service aims to enable the next wave of automated technology. Learn more at www.xonaspace.com or follow Xona Space Systems on X @XonaSpace.

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Fundz sees it the moment Xona Space Systems raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

3 contacts
Verified contactsSteph V., Recruiter hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Xona Space Systems's next move

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Xona Space Systems raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.