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Data Center News > Blog > Investments > Karman+ Raises $20M in Seed Funding
Investments

Karman+ Raises $20M in Seed Funding

Last updated: February 21, 2025 3:38 pm
Published February 21, 2025
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Karman+, a Denver, CO-based asteroid mining startup, raised $20M in Seed funding.

Backers included HCVC, Kevin Mahaffey (Lookout), co-founder Teun van den Dries and angel traders.

The corporate intends to make use of the funds to develop its first know-how demonstration mission and buyer missions, anticipated in 2027. 

Based by Teun van den Dries (CEO) and know-how strategist Daynan Crull (Mission Architect), Karman+ seeks to mine house assets from near-Earth asteroids to supply ample, sustainable vitality and assets in house and for Earth. It’s going to initially use asteroid regolith for refueling house tugs that service current satellites in geostationary orbit. In the long run, the corporate goals to rework industries equivalent to manufacturing and vitality by shifting manufacturing off Earth to eradicate the devastating social and environmental impacts of those actions and allow people to flourish on Earth and past.

FinSMEs

21/02/2025

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See also  Taxo Raises $5M in Seed Funding
TAGGED: 20M, Funding, Karman, Raises, Seed
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