Tech Company Financing Transactions
Loon Funding Round
On 10/27/2025, Loon secured $2.1 million in Seed investment from Version One Ventures, Garage Capital and private investors.
Transaction Overview
Company Name
Announced On
10/27/2025
Transaction Type
Venture Equity
Amount
$2,100,000
Round
Seed
Investors
Version One Ventures (Lead Investor) (Boris Wertz)
Garage Capital (Michael McCauley)
Proceeds Purpose
Funding will accelerate product development, expand Loon's engineering and compliance teams, and support its national regulatory engagement strategy.
Company Information
Company Status
Private & Independent
Industry
Wireless
Mailing Address
100 Mayfield Ave.
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Undisclosed
Website
Email Address
Overview
Loon is working to connect people everywhere by inventing and integrating audacious technologies. We started as a project of Google[x] in 2013 and became an independent business within Alphabet in 2018. Using a network of balloons traveling on the edge of space, Loon is making it possible to extend internet access to the billions who currently lack it.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alastair Westgarth
Chief Financial Officer
Michael Collins
VP - General Counsel
Jennifer Miller
VP - Marketing
Hana McTaggart
VP - Product Management
Mauro Filho
VP - Sales
Anne Bray
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