Funding round
Muon Space Seed
Muon Space, which works in satellite constellation design and construction in Mountain View, raised $10M in a Seed round announced on 6 Oct 2021, led by Costanoa. 6 firms took part. It is Muon Space's first venture round on record.
$10M
Amount raised
Not disclosed
Post-money valuation
6
Investors
1 lead
Valuation
What this round says about the price
Muon Space did not disclose a valuation in this round. It is Muon Space's first venture round on record, in the year it was founded (2021). It is 2.3% of the $431M Muon Space has raised in the venture rounds on record. Muon Space raised again 10 months later: a Series A round of $25M in Aug 2022, at $119M post-money.
Muon Space's funding rounds
Muon Space has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
Costanoa led the round with 5 other firms.
Lead investor
- backs 85 venture-backed companies new investor
Also in the round
- backs 34 venture-backed companies new investor
- backs 45 venture-backed companies new investor
- backs 26 venture-backed companies new investor
- backs 60 venture-backed companies new investor
- backs 10 venture-backed companies new investor
Comparable rounds
How it compares
38 Seed rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $5.0M, and this round was 2.0 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 | 13 Oct 2021 | $6.2M | not disclosed | not named |
| Aerospace and Defence | 11 Oct 2021 | $1.7M | not disclosed | Primo Space |
| Aerospace and Defence | 16 Nov 2021 | $10M | not disclosed | Spark Capital |
| Aerospace and Defence | 16 Nov 2021 | $10M | not disclosed | not named |
| The Exploration Company Aerospace and Defence | 18 Nov 2021 | $6.0M | not disclosed | Promus Ventures |
| Aerospace and Defence | 3 Nov 2021 | undisclosed | not disclosed | Cap Vista |
| Aerospace and Defence | 27 Aug 2021 | $10M | not disclosed | Prime Movers Lab and 8VC |
| Aerospace and Defence | 9 Dec 2021 | $5.0M | not disclosed | Blume Ventures and growX |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Muon Space raise in its Seed round?
Muon Space raised $10M in its Seed round, announced in Oct 2021.
Who led Muon Space's Seed round?
Costanoa led it, with Space Capital, Congruent Ventures, Ubiquity Ventures, South Park Commons and Climactic.
What was Muon Space's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Aerospace and Defence?
38 Seed rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $5.0M, and this round was 2.0 times the median.
Did Muon Space raise again after this round?
Yes: a Series A round in Aug 2022 of $25M at $119M post-money.