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Singularity Raises $80M Series A at $400M Valuation to Mass-Produce Low-Cost Air-Defense Interceptors
Los Angeles startup Singularity emerged from stealth with an $80M oversubscribed Series A at a $400M valuation to mass-produce low-cost air-defense interceptors using automotive-style assembly and a team from Tesla, Toyota, SpaceX, Anduril and Lockheed Martin; the company is already running multiple monthly flight tests. The round was led by Khosla Ventures and Felicis with participation from AE Ventures, NEA, Long Journey, Harpoon, Menlo Ventures, Y Combinator and others.
Starfish Space's Otter Pup Satellite Spins After June 12 Anomaly on Launcher Orbiter SN3 During Docking Test
Starfish Space's Otter Pup satellite embarked on a June 12 rideshare mission but was spun uncontrollably following an anomaly with its mothership, Launcher’s Orbiter SN3. Emergency deployment allowed Otter Pup to remain operational and communicate, though its planned docking maneuvers were disrupted.
Breakthrough Energy Ventures (Bill Gates) leads $65M funding for Stoke Space’s fully reusable-rocket program
Bill Gates’ Breakthrough Energy Ventures is leading a $65 million investment in Stoke Space to support development of fully reusable rockets aimed at cutting launch costs and enabling faster, lower-cost access to satellites for climate-monitoring applications.
Dance Church raises $4.7M seed to scale Dance Church Go subscription platform, led by MaC Ventures
Seattle-based Dance Church raised $4.7 million in seed funding to expand its Dance Church Go online subscription platform, which offers on-demand classes for $19/month or $199/year and a pay-as-you-go live option. The company, founded by Kate Wallich and recently hiring CEO Clara Siegel, plans to scale after growing to 144,000 online streamers with backing led by MaC Ventures and participation from several Pacific Northwest investors.
Starfish Space Raises $7M to Develop Otter Space Tug for Satellite Servicing and Disposal
Starfish Space, founded by ex-Blue Origin veterans, raised $7 million in seed funding to develop the Otter space tug for moving and safely disposing of satellites in orbit. Their technology aims to extend satellite lifespans and address space debris challenges with novel hardware and software currently undergoing on-orbit tests.
Stoke Space Technologies raises $9.1 million seed round to build reusable upper-stage rockets
Stoke Space Technologies, founded by former Blue Origin engineers in Renton, Wash., raised $9.1 million in seed funding to develop a reusable upper-stage rocket aimed at making full-stage reusability commonplace. CEO Andy Lapsa says extending reusability to upper stages is the next industry milestone and will better serve the commercial satellite market.
