Tech Company Financing Transactions

Continuum Space Systems Funding Round

Prophetic Capital Partners, Explorer 1 Fund and FreeFlow participated in a $3 million Seed funding round for Continuum Space Systems. The funding round closed on 6/23/2023.

Transaction Overview

Announced On
6/23/2023
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Proceeds Purpose
The company is still receiving interest in the round, which could increase that amount, Continuum CEO Marc Fagan told TechCrunch in a recent interview.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
600 Playhouse Alley Unit 400
Pasadena, CA 91101
USA
Email Address
Overview
Continuum Space Systems (Continuum) is a Software-as-a-Service for space startup launched from the Mandala Space Ventures studio in Pasadena, CA. The service is based, in part, on technologies licensed from California Institute of Technology (Caltech), which is the parent company of the Jet Propulsion Laboratory (JPL), a NASA field center for robotic exploration of space. The total funding invested in the development of these tools, exceeds $40-50M by NASA over multiple decades. These tools are flight proven and are what NASA/JPL use to design and navigate missions across our Solar System. Indeed, Caltech is an equity holder in Continuum at 3% of founding shares. The technical team of Continuum also comes from JPL and has relevant experience gained on missions including Cassini at Saturn, Europa Clipper, missions to the Moon, Mars, Earth constellations and more. Continuum has also developed unique, internal IP to glue these tools together into a common, Enterprise software platform. Th
Profile
Continuum Space Systems LinkedIn Company Profile
Social Media
Continuum Space Systems Company Twitter Account
Company News
Continuum Space Systems News
Facebook
Continuum Space Systems on Facebook
YouTube
Continuum Space Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Marc Fagan
  Marc  Fagan LinkedIn Profile  Marc  Fagan Twitter Account  Marc  Fagan News  Marc  Fagan on Facebook
Chief Technical Officer
Loic Chappaz
  Loic Chappaz LinkedIn Profile  Loic Chappaz Twitter Account  Loic Chappaz News  Loic Chappaz on Facebook
Co-Founder
Leon Alkalai
  Leon Alkalai LinkedIn Profile  Leon Alkalai Twitter Account  Leon Alkalai News  Leon Alkalai on Facebook
Founder
Chandler Clemons
  Chandler Clemons LinkedIn Profile  Chandler Clemons Twitter Account  Chandler Clemons News  Chandler Clemons on Facebook


 

 

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Where The Data Comes From

Our team works diligently to document funding rounds that are announced publicly. All VC database entries reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


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