SpinLaunch was founded by Jonathan Yaney, in 2014, to reimagine space launch technology and enable sustainable and easy access to space. The company is building a ground-based, kinetic launch system that delivers a substantially less expensive and environmentally sustainable system to place constellations of small satellites into Low Earth Orbit (LEO). SpinLaunch is based in Long Beach, California, and has built its Suborbital Mass Accelerator at Spaceport America in New Mexico. The company is on target to place satellites into orbit and deliver payloads for spacefaring endeavors by 2026. In 2022, SpinLaunch was named as one of the most innovative companies by TIME Magazine.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
09/20/22 | $71,000,000 | Series B |
Andrew Farkas Asher Delug ATMA Capital ATW Partners Brook Byers Chuck Brady Greg McAdoo GV John Doerr Kleiner Perkins Caufield and Byers Lauder Partners McKinley Capital ONA Capital Tyche Partners | undisclosed |