Tech Company Financing Transactions
Revolv Space Funding Round
Revolv Space closed a $2.8 million funding round on 5/28/2024. Investors included Primo Ventures and Takeoff Capital.
Transaction Overview
Company Name
Announced On
5/28/2024
Transaction Type
Venture Equity
Amount
$2,800,000
Round
Undisclosed
Investors
Primo Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate the development and production of mechanisms and power systems for small satellites.
Company Information
Company Status
Private & Independent
Industry
Defense
Mailing Address
Corso Re Umberto 7
Torino, 10121
Italy
Torino, 10121
Italy
Phone
Undisclosed
Website
Email Address
Overview
Space assets and services are not fully monetized. Commercial payloads on board small satellites, like cameras, sensors, and antennas, work for less than 20% of the time spent in orbit due to limitations in small satellite buses. At Revolv Space, we are solving this problem by designing, manufacturing, and testing the next generation of critical components enabling continuous payload operations and full monetization of space assets.
Management Team
Title
Name
Email & Social
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