Tech Company Financing Transactions
Xona Space Systems Funding Round
Xona Space Systems, operating out of San Mateo, secured $170 million from Mohari, Natural Capital Investment Fund and Craft Ventures.
Transaction Overview
Company Name
Announced On
3/26/2026
Transaction Type
Venture Equity
Amount
$170,000,000
Round
Series C
Investors
Mohari (Lead Investor)
Natural Capital Investment Fund (Lead Investor) (Jay Zaveri)
Proceeds Purpose
The capital will accelerate constellation deployment and manufacturing scale-up at the company's new Burlingame, California factory, demonstrating how U.S. commercial innovation can deliver secure, resilient navigation infrastructure worldwide.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brian Manning
Chief Technical Officer
Tyler Reid
VP - Bus. Development
Bryan Chan
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