Xona raises $19M in Series A funding led by Future Ventures and Seraphim Space to deploy satellite network for precision navigation services.
Amount Raised
$19 Million
Round Type
Series A
BurlingameOtherPrivacy And SecurityAerospaceInvestors
Description
Xona, a space tech startup, has raised an oversubscribed $19 million Series A funding round to accelerate the deployment of their low Earth orbit (LEO) satellite network for providing robust precision guidance for intelligent and autonomous technologies beyond highly structured environments.
Quick answer
Xona Space Systems raised $19 Million in a Series A round, dated May 8, 2024. Investors: Aloniq, Space Capital, Murata Electronics, Industrious Ventures, NGP Capital, Seraphim Space and Steve Jurvetson's Future Ventures. Xona Space Systems is based in Burlingame, California, United States.
- How much did Xona Space Systems raise?
- Xona Space Systems raised $19 Million in a Series A round on May 8, 2024.
- Who invested in Xona Space Systems?
- Aloniq, Space Capital, Murata Electronics, Industrious Ventures, NGP Capital, Seraphim Space and Steve Jurvetson's Future Ventures are named as investors in this round.
- 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.
- Flapper raised $20M (Series A) on June 20, 2024.
- Huntress Labs Inc raised $150M (Series D) on June 18, 2024.
- IENAI SPACE raised $4.2M (Seed) on June 17, 2024.
- Apex raised $95M (Series B) on June 12, 2024.
- Skye Air raised $4M (Series A) on June 11, 2024.
- Huntress Labs Inc raised $180M on June 7, 2024.
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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Funding Insights
What this usually meansXona Space Systems raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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