AUSTIN, Texas/EL SEGUNDO, Calif., March 10, 2022 (Slingshot Aerospace PR) — Slingshot Aerospace, Inc., a company building world-class space simulation and analytics products to accelerate space sustainability, announced today that it has raised $25 million in Series A-1 funds. The new money is in addition to the $9.6 million Series A funds raised in October 2020, bringing the total raised for the A and A-1 rounds to $34.6 million to date.

The oversubscribed A-1 round was co-led by Draper Associates, the global venture capital firm of prominent Silicon Valley venture capitalist Tim Draper, and ATX Venture Partners. Additional participation in the round included Edison Partners, Embedded Ventures, Valor Equity Partners, Lockheed Martin Ventures, and more. Participation from previous investors also included Revolution’s Rise of the Rest Fund, Okapi Venture Capital and others. Since inception in July 2017, Slingshot Aerospace has raised $42 million in funding. 

AUSTIN, Texas/EL SEGUNDO, Calif. — Slingshot Aerospace, Inc., a leader in situational awareness technology, announced that it has raised $8 million in Series A funds for a total raised of $17.1 million to date.

The round is led by ATX Venture Partners, and includes additional investments from Revolution’s Rise of the Rest Seed Fund, Techstars Ventures, and Okapi Venture Capital. Angel investors that participated in the round include former CEO of the United States Geospatial Intelligence Foundation and current Principal Consultant for Plum Run, LLC Keith Masback; Gregory Mead and Marie-Alicia Chang, co-founders of Semetric; and Glenn Degenaars who was recognized as a Top Wealth Advisor for 2020 by Forbes.