Tech Company Financing Transactions
Venus Aerospace Funding Round
Venus Aerospace secured a $20 million Series A financing round on 4/5/2022. Investors included Prime Movers Lab, Boost VC and Cantos Ventures.
Transaction Overview
Company Name
Announced On
4/5/2022
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Prime Movers Lab (Lead Investor) (Brandon Simmons)
Proceeds Purpose
The company will use this new round of funding to mature its three main technologies: a next-generation rocket engine, innovative aircraft shape and leading-edge cooling, which allows the spaceplane to take off from existing spaceports, using existing infrastructure.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
12341 Seal Beach Ave. B-618
Seal Beach, CA 90740
USA
Seal Beach, CA 90740
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Venus Aerospace is a startup pushing the boundaries of high-speed transportation. Founded by Sarah Sassie Duggleby and Dr. Andrew Duggleby, Venus Aerospace is focused on developing a Mach 12 hypersonic aircraft designed to travel at the edge of space, allowing passengers to fly around the world and still make it home in time for dinner.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sassie Duggleby
Chief Technical Officer
Andrew Duggleby
VP - Administration
Katie Radcliffe
VP - Operations
Benjamin Henderson
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We do our best to record funding rounds that are announced publicly. All VC database entries reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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