Tech Company Financing Transactions
Helicity Space Funding Round
On 12/11/2023, Helicity Space raised $5 million in Seed funding from Airbus Ventures, E2MC Ventures and Gaingels.
Transaction Overview
Company Name
Announced On
12/11/2023
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to advance its proprietary technology
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
2130 Center St
Berkeley, CA 94704
USA
Berkeley, CA 94704
USA
Phone
Undisclosed
Website
Email Address
Overview
HelicitySpace develops critical propulsion and power technology necessary for enabling humanity's expansion into the solar system. Its Helicity Drive technology is a scalable pulsed fusion concept - from fusion-augmented electric propulsion to fully ignited reactors --based on magnetic reconnection, plasma plectonemes, and peristalticmagnetic compression.
Management Team
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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