Tech Company Financing Transactions
Slingshot Aerospace Funding Round
On 12/6/2022, Slingshot Aerospace raised $40.9 million in Series A investment from Sway Ventures, ATX Venture Partners and C16 Ventures.
Transaction Overview
Company Name
Announced On
12/6/2022
Transaction Type
Venture Equity
Amount
$40,850,000
Round
Series A
Investors
Sway Ventures (Lead Investor)
ATX Venture Partners (Chris Shonk)
Proceeds Purpose
The company intends to use the funds to Drive growth across its global commercial, civil, and defense customer base; Further build out its Global Sensor Network, which already includes 150 sensors and 30 telescopes across 20 locations around the globe; Accelerate the expansion of its Digital Space Twin� software platform and commercialization of company products, including Slingshot Beacon.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
1400 Lavaca St. SXSW Center 700
Austin, TX 78701
USA
Austin, TX 78701
USA
Phone
Website
Email Address
Overview
Slingshot is a cutting-edge leader in providing the next generation of signal processing AI. Our solutions and geospatial insights allow customers worldwide to make valuable decisions utilizing Earth Observation data, the world's largest untapped data source, and other ancillary data sources.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Godwin
Founder
Thomas Ashman
Vice President
Steven Mink
VP - Bus. Development
Carter Christopher
VP - Bus. Development
Charlie McGillis
VP - Bus. Development
Melanie Stricklan
VP - Customer Service
Joshua Lederman
VP - Finance
Thomas Inman
VP - Marketing
Erik Till
VP - Product Management
Adam Judelson
Browse more venture capital transactions:
Prev: 12/6/2022: Accacia venture capital transaction
Next: 12/6/2022: Fintel Connect venture capital transaction
Share this article
News on VC Transactions
We do our best to record every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs