Tech Company Financing Transactions
Momentus Funding Round
Momentus closed a $25.5 million funding round on 7/18/2019. Investors included Prime Movers Lab, Ace & Company and Drake Management.
Transaction Overview
Company Name
Announced On
7/18/2019
Transaction Type
Venture Equity
Amount
$25,500,000
Round
Undisclosed
Investors
Proceeds Purpose
Momentus said it will use its new cash to continue the development of its two shuttles designed to move payloads between different orbits.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
3050 Kenneth St.
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
Founded by space entrepreneur Mikhail Kokorich and his partner Lev Khasis in Santa Clara in 2017, Momentus was born out of countless discussions with satellite operators looking for rides to destinations which weren't commercially being offered.
Management Team
Title
Name
Email & Social
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We do our best to report on funding rounds that are announced publicly. VC transactions reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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