Kymeta
Facts
- HQ
- Redmond, Washington, USA
- Sectors
- Satellite Telecommunications
- Founded
- 2012
- Employees
- 225
- Total raised
- $399.1M SEC Form D filings Total of this company's SEC Form D filings
- Last round
- $80.6M · Dec 2021 SEC Form D
Apptio Co‑founder Sunny Gupta Joins Vinod Khosla Family’s Investor Group to Become Seattle Seahawks Co‑Owner
Sunny Gupta, co-founder and former CEO of Apptio and a nearly 20-year Seahawks season-ticket holder, has joined a newly revealed investor group that purchased the Seattle Seahawks alongside the family of billionaire Vinod Khosla. Gupta called the ownership stake a "dream come true" and said he wants to represent the team as the 12th man.
Kymeta Names Manny Mora CEO to Accelerate Defense Satellite Communications Amid U.S. Army Contract
Kymeta has appointed Manny Mora, a former General Dynamics leader, as its new CEO to advance its defense-focused satellite communication services. The company recently secured a U.S. Army contract for its satellite technology to enhance military connectivity.
Report: "Cascadian Dynamism"—Pacific Northwest startups marry AI and physical systems across fusion, satellites, robotics and energy
The Pacific Northwest is spawning a cluster of engineering-heavy startups—what the author calls "Cascadian Dynamism"—that combine AI with physical systems (autonomy, fusion, satellites, robotics, energy) driven by regional talent, infrastructure, and nearby enterprise and federal customers.
Washington State Sen. Joe Nguyễn, ex-Microsoft veteran, appointed head of Commerce; Remitly EVP Rene Yoakum retiring
Washington State Senator Joe Nguyễn, a former Microsoft employee and 2024 Public Policy Champion for Innovation, will become director of the Washington Department of Commerce, succeeding Mike Fong. Additionally, Remitly's EVP Rene Yoakum is retiring after over six years, transitioning to a consulting role through 2026.
Highspot Takes No. 1 Spot on GeekWire 200 Startup Ranking After Outreach’s Layoffs and CEO Departure
Seattle-based sales enablement company Highspot has claimed the No. 1 spot on GeekWire's 200 ranking of privately held startups in the Pacific Northwest, replacing Outreach which recently downsized and saw its CEO step down. The GeekWire 200 ranking reflects changes in the dynamic startup landscape based on factors like funding, employee growth, and layoffs.
Samsung Ventures Leads $13 Million Investment in Lumotive to Expand Production of 3D Sensor Chips for Autonomous Vehicles
Seattle-based startup Lumotive secured $13 million in funding led by Samsung Ventures to expand production of its Light Control Metasurface chips used in 3D sensors for autonomous vehicles and robots. The investment increases Lumotive's total funding to over $56 million and supports both current chip deployment and future product development.
Seattle-Area Startups Raise $1.5 Billion in Q1 2022 Amid U.S. VC Funding Slowdown from $95.4B Q4 2021
Seattle-area startups raised $1.5 billion in Q1 2022 across 112 deals, down from $2.7 billion in Q4 2021 but still higher than Q1 2021, amid a broader U.S. venture capital slowdown driven by inflation, interest rates, and geopolitical uncertainty. Despite lower funding levels, the venture capital market is experiencing a healthy recalibration with strong business models and significant dry powder available to support startups.
Bill Gates Leads $84M Funding Round to Expand Kymeta's Flat-Panel Antenna Production and Market Reach
Bill Gates led an $84 million funding round for Kymeta, a mobile connectivity startup specializing in flat-panel antennas that provide hybrid cellular-satellite connectivity. The investment will support production acceleration and market expansion, especially for defense and satellite broadband users.
Modern Electron files for $30M raise to scale heat-to-electricity converters, led by CEO Tony Pan and CTO Max Mankin
Modern Electron, an Intellectual Ventures spinoff, is raising $30 million per an SEC filing to commercialize its heat-to-electricity converters that capture wasted heat from furnaces, hot water tanks and industrial sources. The Bothell, Washington startup previously raised about $40 million including backing tied to Bill Gates, and is led by co-founders CEO Tony Pan and CTO Max Mankin.
Former Kymeta CEO Nathan Kundtz raises $6M seed for Rendered.ai to build customizable synthetic datasets for AI
Nathan Kundtz, former Kymeta CEO, launched Seattle-area startup Rendered.ai to produce customizable synthetic datasets and infrastructure for training AI on visual and sensor data, and the company raised $6 million in a seed round. Rendered.ai focuses on treating dataset generation as an engineering platform to improve AI training efficiency and reduce bias and data-collection costs.
Chloe Harford Joins Roofstock Board as Kymeta Names Walter Berger and Doug Hutcheson Co-CEOs
Chloe Harford, a former Zillow and OfferUp executive, joined Roofstock's board as the fintech firm continues to expand after acquiring Great Jones and raising $133 million; Kymeta named Walter Berger and Doug Hutcheson co-CEOs and partnered with OneWeb to test mobile satellite broadband. Seattle startups Optimize Health and CityBldr announced leadership moves: Todd Haedrich became Optimize Health CEO, and Convoy CEO Dan Lewis joined CityBldr’s advisory board.
Kymeta and OneWeb Successfully Test u8 Antenna-Based Mobile Satellite Broadband at 200 Mbps Using OneWeb’s LEO Constellation
Kymeta Corp. partnered with OneWeb to test satellite broadband services using Kymeta's u8 flat-panel antenna, achieving promising results for mobile connectivity with OneWeb's LEO satellite network. The tests in Toulouse demonstrated about 200 Mbps reception, targeting first responders, government, military, and enterprise markets.
MetaVC Partners raises debut fund to back metamaterials startups with investments from Bill Gates and Nathan Myhrvold
MetaVC Partners, a San Francisco venture fund founded by physicists Chris Alliegro and Conrad Burke, is raising its first fund to back early-stage metamaterials startups, with investors including Bill Gates and Intellectual Ventures founder Nathan Myhrvold.
RBC Signals raises $1.2M late-seed round to scale global satellite ground-station services, total funding $3.2M
RBC Signals closed a $1.2 million late seed funding round to expand its satellite ground-station services as demand rises, bringing total funding to $3.2 million and supporting growth ahead of a busy 2021.
Kymeta and Kepler demonstrate u8 flat-panel antenna achieving 100 Mbps and 2+ GB per pass in Arctic test
Kymeta and Kepler demonstrated that Kymeta's u8 flat-panel antenna can connect with Kepler’s LEO Global Data Service in Inuvik, Canada, achieving average uplink and downlink speeds of 100 Mbps and transferring over 2 GB per satellite pass in extreme cold.
Hanwha Systems to invest $30M in Gates-backed Kymeta to pursue LEO-compatible satellite antennas
Hanwha Systems will invest $30 million in Kymeta Corp., backing the company's metamaterial flat-panel u8 antenna and Kymeta Connect hybrid cellular-satellite service as demand grows for LEO-compatible satellite connectivity.
Kymeta launches u8 hybrid satellite–cellular service and terminal for commercial and government markets today
Kymeta is launching commercial availability of its next-generation u8 hybrid satellite-cellular connectivity service and terminal for voice and data, targeting both commercial and government/military customers starting today. The low-power flat-panel u8 antenna uses metamaterials for electronic satellite tracking, is redesigned for extreme environments, and was validated in beta trials by users including firefighters.
Pandemic Accelerates Adoption of Enterprise Software in Seattle, Boosting Cloud and Cybersecurity Startups
The COVID-19 pandemic is accelerating adoption of enterprise software in the Seattle and Pacific Northwest tech scene, highlighting startups in cloud computing and cybersecurity that dominate the GeekWire 200. Analysts say enterprise cloud firms appear relatively resilient to recessionary pressures compared with consumer-facing startups, though risks remain if businesses cut spending.
PNW Startups Raised $1.1B in Q3 2020 Across 65 Deals as Investors Keep Funding Amid Pandemic
Pacific Northwest startups raised $1.1 billion across 65 deals in Q3 2020, with funding in July and August exceeding last year’s levels as investors continue backing tech despite the pandemic.
Kymeta wins FCC blanket authorization for next-gen u8 antenna as beta moves toward commercial release
Kymeta, the Bill Gates-backed mobile connectivity venture, won FCC blanket authorization for its next-generation u8 flat-panel antenna, which is in beta and slated for commercial release later this year; the company also secured type approvals from several satellite operators and recently raised $85 million and acquired Lepton Global Solutions.
Kymeta acquires Lepton Global Solutions to add 17-satellite service network, targets U.S. government and military contracts
Kymeta Corp., the Redmond-based satellite antenna company backed by Bill Gates, acquired Lepton Global Solutions to add satellite service capabilities and strengthen its position for U.S. government and military contracts. Lepton will operate as a wholly owned subsidiary in Tysons Corner with fewer than 15 employees, expanding Kymeta’s workforce to nearly 200; financial terms were not disclosed.
Bill Gates-Backed Kymeta Demonstrates High-Speed Flat-Panel Satellite Antennas at Monaco Yacht Show, Secures Superyacht Commitments
Kymeta Corp., backed by Bill Gates, showcased its flat-panel satellite antennas at the Monaco Yacht Show, delivering high-speed broadband to yachts using Panasonic’s satellite network. The demonstration impressed superyacht owners, resulting in commitments for Kymeta’s mTenna technology from iconic yachts and promising significantly faster maritime broadband.
People
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Nathan Kundtz Executive, President and CEO
