Array Labs raises $20 million Series A led by Catapult Ventures
85 FOMOArray Labs raised $20 million in Series A financing led by Catapult Ventures. Washington Harbour Partners, Kompas VC, Y Combinator, and several other existing and new investors participated. The financing brought the company's total funding since Y Combinator to $35 million, following earlier seed and subsequent financing rounds. The company intends to use the proceeds to scale radar production, expand its engineering and commercial teams, complete flight qualification, and prepare its distributed radar satellite architecture for launch.
Why it matters
The financing provides meaningful resources to industrialize Array's radar architecture and move toward its first orbital demonstration. The next major validation will be whether its mass-manufacturing approach can deliver the required performance and reliability at commercial scale.
The numbers
Details
Funding
- Round
- series a
- Lead investor
- Catapult Ventures
- Investors
- Catapult VenturesWashington Harbour PartnersKompas VCY CombinatorMaiora VenturesSuperOrganismGaingelsHexagonAnimal CapitalAera VCCultivation CapitalClearance Ventures
Coverage
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Array Labs ·
Array Labs Raises $20M to Scale Radar Manufacturing, Prepare for LaunchArray Labs announced a $20 million Series A led by Catapult Ventures, with participation from Washington Harbour Partners, Kompas VC, Y Combinator, Maiora Ventures, SuperOrganism, Gaingels, Hexagon, Animal Capital, Aera VC, Cultivation Capital, and Clearance Ventures. The round brought total funding since the company's participation in Y Combinator to $35 million. Proceeds were earmarked for engineering and product development, expanded radar manufacturing capacity, flight qualification, and advancement of its formation-flying satellite constellation.
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Array Labs raised $20 million in Series A financing led by Catapult Ventures. Washington Harbour Par