Funding round
Impulse Space Series A
Impulse Space, which works in in-space mobility technology development in Redondo Beach, raised $45M in a Series A round announced on 24 Jul 2023, led by RTX. 5 firms took part. It is Impulse Space's second venture round on record; the one before was a Seed in Mar 2022.
$45M
Amount raised
Not disclosed
Post-money valuation
5
Investors
1 lead
Valuation
What this round says about the price
Impulse Space did not disclose a valuation in this round. It came 16 months after Impulse Space's Seed. It is 4.4% of the $1.01B Impulse Space has raised in the venture rounds on record. Impulse Space raised again 15 months later: a Series B round of $150M in Oct 2024. 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 29 Mar 2022, led by Founders Fund $20M
- Other not a venture round 17 Jun 2022, led by Lux Capital $10M
- Series A this round 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
RTX led the round with 4 other firms.
Lead investor
- RTX new investor
Also in the round
- Founders Fund backs 368 venture-backed companies new investor
- Lux Capital backs 194 venture-backed companies new investor
- backs 46 venture-backed companies new investor
- backs 34 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development and scaling operations.
- Product development
- Scaling operations
Comparable rounds
How it compares
29 Series A rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $16M, and this round was 2.8 times the median. The closest in time, other companies' Series A rounds in Aerospace and Defence:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Apex Aerospace and Defence | 22 Jun 2023 | $16M | not disclosed | Andreessen Horowitz and Shield Capital |
| Aerospace and Defence | 20 Jun 2023 | $10M | not disclosed | Peak XV Partners and Kalaari Capital |
| Aerospace and Defence | 24 May 2023 | $16M | not disclosed | Molten Ventures |
| Aerospace and Defence | 10 May 2023 | $10M | not disclosed | CEECAT Capital |
| Mach Industries Aerospace and Defence | 4 Oct 2023 | $79M | $335M | Bedrock |
| Saronic Technologies Aerospace and Defence | 10 Oct 2023 | $55M | not disclosed | Caffeinated |
| Aerospace and Defence | 17 Apr 2023 | $29M | not disclosed | not named |
| True Anomaly Aerospace and Defence | 6 Apr 2023 | $17M | not disclosed | Eclipse |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Impulse Space raise in its Series A round?
Impulse Space raised $45M in its Series A round, announced in Jul 2023.
Who led Impulse Space's Series A round?
RTX led it, with Founders Fund, Lux Capital, Airbus Ventures and Space Capital.
What was Impulse Space's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Aerospace and Defence?
29 Series A rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $16M, and this round was 2.8 times the median.
Did Impulse Space raise again after this round?
Yes: a Series B round in Oct 2024 of $150M.