Inversion Space (Series A)
Funding Details
- Awarder
- Inbox
- Date Award
- November 20, 2024
- Vertical
- Aerospace
- Funding URL
- View Funding Page
- Funding Amount:
- $44,000,000
Company Info
- Traction
- The company has raised a total of $54 million to date, including a $10 million seed round in 2021 and a $71 million STRATFI agreement with the Space Force.
- Organizations Involved
- Lockheed Martin
- Founders
- Justin Fiaschetti
- Company Description
- Inversion Space is developing reentry vehicles to deliver cargo from space to Earth, focusing on precision delivery on-demand. The company is working on a vehicle called Arc, with a first flight planned for 2026.
- Market
- Cargo delivery from space
- Location
- Los Angeles, California, United States
- Coinvestors
- Spark Capital, Adjacent, Lockheed Martin Ventures, Kindred Ventures, Y Combinator