Fleet Space Technologies has successfully closed a $100 million Series D funding round led by Teachers' Venture Growth, aimed at advancing their innovative space-based mineral exploration solutions.
Target Information
Fleet Space Technologies, a prominent player in the realm of space-based mineral exploration, has recently concluded a significant funding round of $100 million (AUD 150 million) in Series D financing. This round was led by Teachers' Venture Growth, with contributions from existing investors including Blackbird Ventures, Horizons Ventures, and others. Fleet Space, an early member of our Industrial Impact® Portfolio, has evolved from a budding nano-satellite startup into a leader in addressing critical challenges in the exploration of rare-earth minerals.
This latest funding milestone reinforces our initial belief in Fleet Space's potential impact on the industry. Their efforts to harness cutting-edge technologies for solving global challenges underscore the importance of their work in the ever-evolving landscape of resource exploration and management.
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Industry Overview
The space-based mining industry is gaining traction globally, driven by the increasing demand for rare-earth minerals essential for modern technology and renewable energy solutions. In countri
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Teachers' Venture Growth
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in 2023
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Transaction Size: $100M