Tech Company Financing Transactions

SpinLaunch Funding Round

Airbus Ventures, GV and Kleiner Perkins Caufield & Byers participated in a $35 million Series B funding round for SpinLaunch. This venture round closed on 1/17/2020.

Transaction Overview

Company Name
Announced On
1/17/2020
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series B
Investors

Airbus Ventures (Lead Investor)

GV (Lead Investor)

Kleiner Perkins Caufield & Byers (Lead Investor) (Wen Hsieh)

Catapult Ventures

private investors (John Doerr)

Lauder Partners

Proceeds Purpose
The funds will be used to build out its new headquarter and R&D facility in Long Beach, but also to complete its flight test facility at Spaceport America in New Mexico.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
181 Commercial St.
Sunnyvale, CA 94086
USA
Email Address
Overview
SpinLaunch is a stealth space catapult startup that aims to creates a much cheaper and sustainable way to get things like satellites from earth into space without chemical propellant. Using a catapult would sidestep the heavy fuel and expensive booster rockets used by companies like SpaceX and Blue Origin.
Profile
SpinLaunch LinkedIn Company Profile
Social Media
SpinLaunch Company Twitter Account
Company News
SpinLaunch News
Facebook
SpinLaunch on Facebook
YouTube
SpinLaunch on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jonathan Yaney
  Jonathan Yaney LinkedIn Profile  Jonathan Yaney Twitter Account  Jonathan Yaney News  Jonathan Yaney on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/17/2020: Workboard venture capital transaction
Next: 1/17/2020: Modern Health venture capital transaction

 

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We do our best to record every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.

 


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