Space Exploration Technologies Corp announced it raised $1.72 Billion in an amended filing from an offering of $1.72 Billion
Space Exploration Technologies Corp announced it raised $1.72 Billion in an amended filing from an offering of $1.72 Billion
06/30/22, 7:29 PM
Location
hawthorneMoney raised
$1.72 billion
Company Info
Location
1 rocket road
hawthorne, california, united states
Additional Info
The startup aims to decarbonize hard-to-crack industries like steel and ammonia production by focusing on green hydrogen that’s made using renewable power. It was founded by Molly Yang, a Tesla alum who helped lead the Supercharger, residential energy and industrial energy teams, and Colin Ho, who led actuation and power systems for Starship at SpaceX.The company exclusively told TechCrunch that it has raised a $2 million seed round led by Founders Fund, which was joined by Fontinalis Partners, Climate Capital, Yishan Wong and a handful of other angels.