Lumen Orbit (Seed)
Funding Details
- Awarder
- Inbox
- Date Award
- December 11, 2024
- Vertical
- Space Technology
- Funding URL
- View Funding Page
- Valuation
- $40,000,000
- Funding Amount:
- $11,000,000
Company Info
- Founding Year
- 2024
- Traction
- Over 200 VCs expressed interest in the funding round, leading to the opening of an additional SAFE round at a higher valuation.
- Founders
- Philip Johnston, Ezra Feilden, Adi Oltean
- Company Description
- Lumen Orbit is a startup looking to build data centers in space, utilizing orbital pods that can hold compute and attach to large solar panels in clusters. The company aims to create multi-gigawatt compute clusters by the end of the decade, leveraging high-bandwidth optical lasers to transmit data back to Earth.
- Market
- Data Centers
- Location
- Redmond, Washington, United States
- Coinvestors
- NFX, Fuse.VC, Soma Capital, Andreessen Horowitz, Sequoia