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Slingshot Aerospace Raises $8 Million in Series A Funds Led by ATX Ventures

Slingshot Aerospace Raises $8 Million in Series A Funds Led by ATX Ventures

10/29/20, 12:05 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgaustin
Money raised
$8 million
Industry
information technology
Round Type
series a
Slingshot Aerospace, Inc., a leader in situational awareness technology, announced today that it has raised $8 million in Series A funds for a total raised of $17.1 million to date. The round is led by ATX Venture Partners, and includes additional investments from Revolution’s Rise of the Rest Seed Fund, Techstars Ventures, and Okapi Venture Capital. Angel investors that participated in the round include former CEO of the United States Geospatial Intelligence Foundation and current Principal Consultant for Plum Run, LLC Keith Masback; Gregory Mead and Marie-Alicia Chang, co-founders of Semetric; and Glenn Degenaars, who was recognized as a Top Wealth Advisor for 2020 by Forbes.

Company Info

Company
Slingshot Aerospace
Location
701 brazos street
austin, texas, united states
Additional Info
Slingshot Aerospace builds world-class space simulation and analytics solutions. We are driven by our vision of accelerating space sustainability to create a safer, more connected world. Space is increasingly complex due to the exponential growth of global launch activity, the proliferation of new data sources, and the ever-growing body of new satellites and debris. Organizations are making mission-critical decisions in this high-risk environment and they need the right information at the right time. Slingshot Aerospace empowers government and commercial space organizations to better design, manage, and safeguard their assets, as well as mitigate risks, to ensure safe and reliable operations for all space-faring users. We are achieving this by bringing the space domain into the digital environment and fusing together data from different sources to provide a full, dynamic orbital picture. In doing so, Slingshot Aerospace customers can make decisions at the speed of relevance and achieve clarity in complex environments.

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