SpinLaunch, founded in 2014 in the United States, is revolutionizing access to space with its groundbreaking kinetic launch system. The company's mission is reflected in its slogan, "Revolutionizing Access to Space." SpinLaunch aims to deliver constellations of small satellites into Low Earth Orbit at significantly lower cost and higher cadence compared to existing space launch companies. Moreover, SpinLaunch is committed to sustainability and is the first environmentally sustainable launch system in the industry, providing more scalable and affordable access to space. The company recently secured a Debt Financing investment on 20 September 2022, signaling investor confidence in its innovative approach. The investment details, including the amount and participating investors, have yet to be disclosed. SpinLaunch's disruptive technology and commitment to sustainability position it as a compelling player in the space launch industry, with the potential to reshape the landscape of space access. As the company continues to attract investment and advance its technology, it remains a key player to watch in the evolving space industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | Unknown | - | 20 Sep 2022 | |
Series B | $71.00M | 10 | John Doerr, Greg McAdoo +2 | 20 Sep 2022 |
Pre Seed Round | Unknown | 1 | Bossanova Investimentos | 11 Feb 2022 |
Venture Round | $35.00M | 6 | John Doerr | 16 Jan 2020 |
Series A | $40.00M | 7 | Maximus Yaney | 14 Jun 2018 |
No recent news or press coverage available for SpinLaunch.