About Astranis
Astranis is a space startup that builds small and low-cost telecommunications satellites to provide internet access in remote regions.
Headquarters
Astranis, San Francisco
Founded
2015-01-01
Industry
Aerospace, Internet, Satellite Communication, Telecommunications
Last Funding Type
Series D
Valuation
11
Total Funding
$753.50 million dollars
IPO Status
Private
Financial
Astranis is focused on developing small, cost-effective telecommunications satellites. Their research includes a multi-antenna system for non-terrestrial communications, which enhances signal reception and transmission through advanced beamforming algorithms. They are also working on satellites using Software-Defined Radio systems, allowing for adjustable throughput via multiple antennas. Additionally, Astranis is innovating with adjustable payloads for small geostationary satellites, utilizing software-defined payloads to provide flexible communication services. These efforts aim to improve internet access in remote regions.
Astranis has raised $200 million in a Series D round to fully fund its Omega program, which aims to launch the first next-generation broadband spacecraft in 2026. This funding round is noted as the largest US venture raise for a space company in 2024.
Astranis has raised $200 million in a Series D round to fully fund its Omega program, which aims to launch the first next-generation broadband spacecraft in 2026. This funding round is noted as the largest US venture raise for a space company in 2024.
Funding Rounds
9
Number of Lead Investors
6
Total Funding Amount
$753.50 million dollars
Number of Investors
54
Astranis vs. Other Decacorns
| Company | Valuation | Total Funding | Funding Rounds |
|---|---|---|---|
| Astranis | $11B | $753.50M | 9 |
| Fashionandyou | - | $58.00M | 4 |
| JD.com | $26B | $7.06B | 13 |
| QuintoAndar | $5B | $755.27M | 9 |
| Groupon | $12.7B | $1.39B | 8 |
| DFINITY | $2B | $166.88M | 6 |
| Tellium | $2B | $50.00M | 2 |
| Enya (Software Development Applications) | $3B | $1.50M | 2 |
| Grove Collaborative | $1.5B | $621.50M | 9 |
| Flipkart | $160B | $15.26B | 29 |
| NerdWallet | $4B | $105.00M | 6 |
| Dialpad | $2B | $450.00M | 9 |
| Epirus | $1B | $287.63M | 4 |
| Mafengwo | $2B | $503.00M | 6 |
| Infinera | $1.1B | $625.80M | 9 |
| SpaceX | $137B | $9.77B | 38 |
| Sarcos Technology and Robotics | $1.3B | $323.13M | 7 |
| Wish | $28B | - | - |
| AUTO1 Group | $9.5B | $1.39B | 12 |
| OpenWeb | $2B | $393.00M | 6 |
| ZenBusiness | $2B | $276.96M | 7 |
| AngelList | $287B | $170.20M | 8 |
| Lunar | $4B | - | - |
| Pristyn Care | $1B | $177.00M | 5 |
| Quora | $22B | $301.00M | 5 |
| Anduril | $25B | $3.67B | 8 |
| Volocopter | $1B | $544.37M | 7 |
| Whatnot | $12B | $484.70M | 7 |
| Procore | $9.6B | $654.02M | 17 |
| Spreadtrum | $2B | $2.14B | 8 |
| Vercel | $8B | $563.00M | 5 |
| Joby Aviation | $4.5B | $2.68B | 13 |
| ByteDance | $90B | $9.51B | 13 |
| Via | $7B | $19.81M | 5 |
| Planet Labs | $2.8B | $573.90M | 10 |
| Helium | $3B | $364.80M | 10 |
| Ava Labs | $11B | $290.00M | 6 |
| Swvl | $1.5B | $242.70M | 10 |
| Foundry Networks | $3B | - | 1 |
| Boom Supersonic | $8B | $307.50M | 16 |
| Cresta | $6B | $276.00M | 5 |
| Armis | $3B | $737.00M | 7 |
| Invoca | $1B | $201.50M | 7 |
| Vox Media | $4B | $407.63M | 10 |
| Bowery | $9B | $1.65M | 4 |
| Cabify | $12B | $600.55M | 13 |
| Teads | $5B | $123.28M | 10 |
| Wheels Up | $2.1B | $1.92B | 10 |
| Kingsoft Cloud | $3B | $968.48M | 10 |
| York Space Systems | $2B | - | 2 |
| KAYAK Software | $4B | $229.00M | 7 |
| Delivery Hero | $5.1B | $10.18B | 22 |
| Cornershop | $3B | $31.65M | 5 |
| Mirakl | $7B | $6.41M | 5 |
| Yelp | $0.9B | $56.00M | 6 |
| Youtube | $2B | $11.50M | 2 |
| TelecityGroup | $4B | - | - |
| Storable | $6B | $10.00M | 1 |
| $12.7B | $1.49B | 26 | |
| GrubMarket | $20B | $499.10M | 8 |
| Firefly Aerospace | $1B | $746.56M | 10 |
| Etsy | $1.8B | $97.26M | 10 |
| Skype | $34B | $76.81M | 5 |
| Trulia | $0.4B | $255.10M | 6 |
| Splashtop | $3B | $114.00M | 5 |
| Mister Spex | $1B | $158.01M | 11 |
| Hinge | $43B | $20.60M | 4 |
| The Zebra | $2B | $2.50B | 3 |
| InVision | $4B | $356.20M | 10 |
| Maven | $7B | - | - |
| Eventbrite | $1.8B | $557.25M | 11 |
Growth Trends & Market Impact
Astranis fully funded its Omega constellation project with a $200 million Series D funding round. This funding round was noted as the largest US space funding round in 2024.
Investment history
| Round number | date | Post-round evaluation | investors |
|---|---|---|---|
| №1 | 24.07.2024 | $200.00 million dollars |
Andreessen Horowitz BAM Elevate |
| №2 | 14.04.2023 | $200.00 million dollars | |
| №3 | 14.04.2023 | $200.00 million dollars |
Andreessen Horowitz |
| №4 | 14.04.2021 | $250.00 million dollars |
BlackRock |
| №5 | 13.02.2020 | $40.00 million dollars |
Venrock |
| №6 | 13.02.2020 | $50.00 million dollars |
TriplePoint Capital |
| №7 | 01.03.2018 | $13.50 million dollars |
Andreessen Horowitz |
| №8 | 10.06.2016 | $13.50 million dollars |
Refactor |
| №9 | 09.01.2016 | $13.50 million dollars |