
AUSTIN, TX / EL SEGUNDO, Calif., December 6, 2022 (Slingshot Aerospace PR) — Slingshot Aerospace, Inc., a company building data and analytics products to make space operations safer, today announced that it has raised $40.85 million in an oversubscribed Series A2 funding round. The round was led by Sway Ventures and included participation from others, including C16 Ventures, ATX Venture Partners, Lockheed Martin Ventures, Valor Equity Partners, and Draper Associates, the global venture capital firm of prominent Silicon Valley venture capitalist Tim Draper. In addition to $40.85 million in equity funding, Horizon Technology Finance (NASDAQ: HRZN) provided a venture loan to accelerate Slingshot’s growth.
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