Tech Company Financing Transactions
Xona Space Systems Funding Round
Xona Space Systems, based in San Mateo, received $250 million from Future Ventures and private investors.
Transaction Overview
Company Name
Announced On
10/22/2026
Transaction Type
Venture Equity
Amount
$250,000,000
Round
Series D
Investors
Future Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to deliver its commercial navigation service, expand operational capacity, and support the manufacturing and deployment of its satellite constellation at scale.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
157 South Blvd.
San Mateo, CA 94402
USA
San Mateo, CA 94402
USA
Phone
Undisclosed
Website
Email Address
Overview
We are a group of space ninjas, engineers, GPS nerds, motorcycle racers, and adventurers. Our experience comes from SpaceX, Blue Origin, Booz Allen Hamilton, NASA, Ford Motor Company, and Stanford GPS Lab. We helped put over 50 vehicles in space and have published over 50 scientific papers advancing navigation technology.
Management Team
Title
Name
Email & Social
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