LOS ANGELES, CA, Inversion, the company pioneering precision delivery on-demand from space to anywhere on Earth, announced a $44 million Series A funding.
Inversion, the company pioneering precision delivery on-demand from space to anywhere on Earth, announced a $44 million Series A funding round co-led by Spark Capital and Adjacent, with participation from Lockheed Martin Ventures, Kindred Ventures, and Y Combinator. This brings Inversion’s total funding to $54 million, following an earlier $10 million seed round. Inversion will use the funding to scale its operations and build Arc, its next-generation autonomous re-entry vehicle. Arc stores cargo in orbit and re-enters the atmosphere on-demand to deliver to even the most remote parts of the globe.
By VC News Daily
Source: VC News Daily
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