Mohari Ventures Natural Capital leads Xona's $170 million Series C
78 FOMOMohari Ventures Natural Capital led a $170 million Series C financing round for Xona Space Systems. The investment will support deployment of Xona's Pulsar satellite navigation constellation and expansion of satellite manufacturing at its Burlingame factory. The round included several prominent venture and strategic investors, including Craft Ventures, ICONIQ, Woven Capital, NGP Capital, Samsung Next and Hexagon. The financing represents a substantial investment in alternative positioning, navigation and timing infrastructure designed to complement traditional GPS systems.
Why it matters
The investment demonstrates Mohari's willingness to lead large growth-stage rounds in strategic space infrastructure. Xona's ability to move from constellation development into scaled production and deployment will be an important test of the investment thesis.
The numbers
Today we're announcing a $170 million Series C round led by Mohari Ventures Natural Capital.
SourceDetails
Funding
- Round
- series c
- Lead investor
- Mohari Ventures Natural Capital
- Investors
- Mohari Ventures Natural CapitalCraft VenturesICONIQWoven CapitalNGP CapitalSamsung NextHexagon
Coverage
No coverage linked yet.
AI-assisted summary; numbers link to their source. Spot an error? Tell us.
Related moments
- Xona Space Systems · Funding 94
Xona raises $250M Series D at $2.45B valuation
- Muon Space · Funding 78
Muon Space raises $250M Series C at ~$1.5B valuation
- Exolaunch · Other 85
EQT agrees to acquire 100% of Exolaunch
- Spacecadet Ventures · Funding 78
Spacecadet Ventures leads $4 million seed round for spacecraft solar technology startup Arinna
- Pixxel · Contract 95
Pixxel-led consortium signs agreement to build India's national Earth observation constellation
- ICEYE · Launch 37
ICEYE deploys four SAR satellites on Bandwagon-5 including two for Portugal
Veenie.Space Telemetry
Mohari Ventures Natural Capital led a $170 million Series C financing round for Xona Space Systems.