Tech Company Financing Transactions
Star Catcher Industries Funding Round
Star Catcher Industries, operating out of Jacksonville, secured $12.3 million in investment from B Capital Group, Initialized Capital and Rogue Ventures.
Transaction Overview
Company Name
Announced On
7/24/2024
Transaction Type
Venture Equity
Amount
$12,250,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to validate and demonstrate its power beaming services for customers, beginning with ground demonstrations, followed by an on-orbit demonstration in late 2025, and deployment of commercial service.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
5220 Shad Road 407
Jacksonville, FL 32257
USA
Jacksonville, FL 32257
USA
Phone
Undisclosed
Website
Email Address
Overview
Star Catcher is creating the first energy grid for space. Our orbital infrastructure will transform how satellites are powered. Spacecraft connect to the network and receive energy via existing solar arrays, requiring no retrofit to utilize. Power will be provided on a pay-as-you-go model with Star Catcher owning and operating a network of power satellites to provide energy to spacecraft anywhere in Low Earth Orbit.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Rush
Chief Marketing Officer
Camille Bergin
Chief Operating Officer
Nathan O'Konek
Chief Technical Officer
Michal Snyder
VP - Bus. Development
Cassie Lee
VP - Bus. Development
Bryan Lyandvert
Browse more venture capital transactions:
Prev: 7/24/2024: Kestra Medical Technologies venture capital transaction
Next: 7/24/2024: PK MED venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs