Catalyx Space, a space infrastructure company providing turnkey solutions for orbital missions across industries, including logistics, recently announced its oversubscribed $5.4 million Seed funding round led by venture capital firm Outlander VC.
The announcement follows on the heels of its January $1.7 million pre-Seed round, which culminated in their first successful capsule drop test within an accelerated six-month timeline. The new funds will be used to commercialize its next-gen reentry architecture, bolster overseas operations, and expand its global customer acquisition capabilities.
The round also had participation from: Arka Venture Labs, Lex Reddy, KDX Management LLC, Together Fund, Higher Life Ventures, Nivesha Ventures, Prana Tech Ventures, Bria, HF0 Residency, and Techstars. [Read more…] about Catalyx Space raises $5.4 million to establish ‘orbital logistics company’