Funding round
Impulse Space Seed
Impulse Space, which works in in-space mobility technology development in Redondo Beach, raised $20M in a Seed round announced on 29 Mar 2022, led by Founders Fund. 1 firm took part. It is Impulse Space's first venture round on record.
$20M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Impulse Space did not disclose a valuation in this round. It is Impulse Space's first venture round on record, 1 year after it was founded in 2021. It is 2.0% of the $1.01B Impulse Space has raised in the venture rounds on record. Impulse Space raised again 16 months later: a Series A round of $45M in Jul 2023. Its next priced round, a Series D in Jun 2026, valued it at $4.26B.
Impulse Space's funding rounds
Impulse Space has 5 venture rounds on record and 1 other deal. This one is highlighted.
- Seed this round 29 Mar 2022, led by Founders Fund $20M
- Other not a venture round 17 Jun 2022, led by Lux Capital $10M
- Series A 24 Jul 2023, led by RTX $45M
- Series B 1 Oct 2024, led by Founders Fund $150M
- Series C 3 Jun 2025, led by Linse Capital $300M
- Series D 2 Jun 2026, led by 137 Ventures and Banner VC $500M$4.26B post-money
Investors
Who put money in
Founders Fund led the round.
Lead investor
- Founders Fund backs 368 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, scaling operations and working capital.
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
41 Seed rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $5.0M, and this round was 4.0 times the median. The closest in time, other companies' Seed rounds in Aerospace and Defence:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Aerospace and Defence | 31 Mar 2022 | $10M | not disclosed | not named |
| Aerospace and Defence | 9 Mar 2022 | $2.7M | not disclosed | Genesia Ventures |
| Aerospace and Defence | 21 Mar 2022 | $2.2M | not disclosed | not named |
| Aerospace and Defence | 7 Feb 2022 | $50M | not disclosed | Prime Movers Lab |
| Aerospace and Defence | 29 Apr 2022 | $1.2M | not disclosed | not named |
| Aerospace and Defence | 19 Jan 2022 | $28M | not disclosed | Fine Structure Ventures |
| Aerospace and Defence | 1 May 2022 | $12M | not disclosed | Explorer 1 Fund |
| Aerospace and Defence | 1 Jan 2022 | $5.0M | not disclosed | not named |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Impulse Space raise in its Seed round?
Impulse Space raised $20M in its Seed round, announced in Mar 2022.
Who led Impulse Space's Seed round?
Founders Fund led it.
What was Impulse Space's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Aerospace and Defence?
41 Seed rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $5.0M, and this round was 4.0 times the median.
Did Impulse Space raise again after this round?
Yes: a Series A round in Jul 2023 of $45M.