Tech Company Financing Transactions
SpinLaunch Funding Round
SpinLaunch, based in Sunnyvale, scored $40 million from Airbus Ventures, ATW Partners and Bolt.
Transaction Overview
Company Name
Announced On
6/16/2018
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funds will be used to scale up the team and technology, SpinLaunch said.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
181 Commercial St.
Sunnyvale, CA 94086
USA
Sunnyvale, CA 94086
USA
Phone
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jonathan Yaney
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