AUSTIN, TX, Slingshot Aerospace, a company building data and analytics products to make space operations safer, has raised $40.85 million in an oversubscribed Series A2 funding round.
The round was led by Sway Ventures and included participation from others, including C16 Ventures, ATX Venture Partners, Lockheed Martin Ventures, Valor Equity Partners, and Draper Associates, the global venture capital firm of prominent Silicon Valley venture capitalist Tim Draper. In addition to $40.85 million in equity funding, Horizon Technology Finance (NASDAQ: HRZN) provided a venture loan to accelerate Slingshot's growth.
Slingshot Aerospace, Inc. builds space simulation, data and analytics products that help worldwide commercial, civil and defense organizations make space operations safer to accelerate space sustainability. The company synthesizes data from multiple trusted sources, including the newly acquired Global Sensor Network and the Seradata SpaceTrak database, to bring the space domain into the digital environment.
(c) by Massinvestor, Inc. For contact info, please check out our
about page.
