The Briefing Room
General Category => Economy/Business => Topic started by: 240B on July 05, 2017, 12:26:44 pm
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Space.com
By Jeff Foust, SpaceNews Writer
July 5, 2017 07:30am ET
WASHINGTON — Vector, one of a number of companies developing small launch vehicles in response to growing small satellite demand, announced June 29 that it closed a $21 million funding round.
The Tucson, Arizona-based company said Sequoia Capital, a venture capital firm based in Silicon Valley, led the Series A funding round. Two other funds, Shasta Ventures and Lightspeed, also participated in the funding round.
Vector announced the round after closing a $4.5 million bridge round in April, intended to support company operations until it could close the Series A round. The company had, prior to the bridge round, raised $2.25 million, as well as winning Small Business Innovation Research awards from NASA and DARPA.
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https://www.space.com/37367-vector-raises-21-million-small-rocket-development.html
Currently private. Not listed. But I'm watching.