Founded
31 Dec 2019
Address
Xona Space Systems Inc
157 South Blvd.
San Mateo, CA 94402
United States
Phone
Website
Business classification
VCID: 7724475
Profile
Corporate information
Official name
Xona Space Systems Inc
Registration country
Official identities
US CIK 0001920779
Official name
Xona Space Systems Inc
Registration country
Official identities
US CIK 0001920779
Investment activity status
Active investor
Company type
Independent high-performance satellite navigation and timing system.Overview
Xona Space Systems is developing an independent high-performance satellite navigation and timing system to meet the needs of intelligent systems. Delivered via a secure, high-power signal from Xona's low Earth orbit satellites, the patent-pending PULSAR™ service aims to enable the next wave of automated technology.
Funding
Funding rounds
Series B USD 92,000,000
USD 92,000,000 (26 Jun 2025) Change in valuation: unknown
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Craft Ventures LLC | Venture capital firm founded by former Yammer and Zenefits CEO David Sacks. | United States | Initial investment. Led the round. |
|
First Spark Ventures LLC | Deep tech venture capital fund investing in breakthrough technologies that make the world healthier, safer, and more productive. | Initial investment. Round participant. | |
|
Future Ventures | Initial investment. Round participant. | ||
|
Industrious Ventures | Venture capital firm focusing on transforming industries through emerging technologies like AI, quantum computing, and dual-use innovations. | United States | Initial investment. Round participant. |
|
NGP Management Oy | The corporate venturing arm of Nokia. | Finland | Initial investment. Round participant. |
|
Seraphim Space Manager LLP | United Kingdom | Initial investment. Round participant. | |
|
Stellar Ventures Management LLC | Initial investment. Round participant. | ||
|
Toyota Ventures | The early-stage venture capital arm of Toyota. | United States | Initial investment. Round participant. |
Other USD 20,000,000
USD 20,000,000 (26 Jun 2025) Change in valuation: unknown
Non-dilutive funding.
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
SpaceWERX | The innovation arm of the United States Space Force. | United States | USD 20,000,000 (USD 20,000,000). Initial investment. Led the round. |
Series A USD 19,000,000
USD 19,000,000 (8 May 2024) Change in valuation: unknown
Funding to be used to accelerate the deployment of Xona's low Earth orbit (LEO) satellite network.
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Future Ventures | Initial investment. Led the round. | ||
|
|
Seraphim Space Manager LLP | United Kingdom | Initial investment. Led the round. | |
|
Aloniq | Early-stage venture capital firm focusing on deep tech and software. | Singapore | Initial investment. Round participant. |
|
|
Industrious Ventures | Venture capital firm focusing on transforming industries through emerging technologies like AI, quantum computing, and dual-use innovations. | United States | Initial investment. Round participant. |
|
Murata Manufacturing Co Ltd | Japan | Initial investment. Round participant. | |
|
|
NGP Management Oy | The corporate venturing arm of Nokia. | Finland | Initial investment. Round participant. |
|
Space Capital | VC firm offering capital, talent and expertise to promising crypto, DeFi and fintech projects. | Initial investment. Round participant. |
Cap Table
Current and past shareholders
| Investor | Contacts | Round | |
|---|---|---|---|
|
|
Aloniq Early-stage venture capital firm focusing on deep tech and software. |
Series A | |
|
|
Craft Ventures LLC Venture capital firm founded by former Yammer and Zenefits CEO David Sacks. |
Series B | |
|
|
First Spark Ventures LLC Deep tech venture capital fund investing in breakthrough technologies that make the world healthier, safer, and more productive. |
Series B | |
|
|
Future Ventures |
Series A Series B |
|
|
|
Industrious Ventures Venture capital firm focusing on transforming industries through emerging technologies like AI, quantum computing, and dual-use innovations. |
Series A Series B |
|
|
|
Murata Manufacturing Co Ltd |
+81 (75) 951-9111 |
Series A |
|
|
NGP Management Oy The corporate venturing arm of Nokia. |
Series A Series B |
|
|
|
Seraphim Space Manager LLP |
Series A Series B |
|
|
|
Space Capital VC firm offering capital, talent and expertise to promising crypto, DeFi and fintech projects. |
Series A | |
|
|
SpaceWERX The innovation arm of the United States Space Force. |
Other | |
|
|
Stellar Ventures Management LLC |
Series B | |
|
|
Toyota Ventures The early-stage venture capital arm of Toyota. |
Series B |