Funding round
Muon Space Series A
Muon Space, which works in satellite constellation design and construction in Mountain View, raised $25M in a Series A round announced on 9 Aug 2022, led by Radical Ventures, at a $119M post-money valuation. 5 firms took part, 4 of them already investors. It is Muon Space's second venture round on record; the one before was a Seed in Oct 2021.
$25M
Amount raised
$119M
Post-money valuation
5
Investors
1 lead
21%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Muon Space at $119M after the new money. The $25M bought investors about 21% of the company. It came 10 months after Muon Space's Seed. It is 5.8% of the $431M Muon Space has raised in the venture rounds on record. Muon Space raised again 34 months later: a Series B round of $146M in Jun 2025. Its next priced round, a Series C in Aug 2026, valued it at $1.50B.
Muon Space's funding rounds
Muon Space has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
Radical Ventures led the round with 4 other firms. Costanoa, Congruent Ventures, Space Capital and Ubiquity Ventures had backed Muon Space before.
Lead investor
- backs 65 venture-backed companies new investor
Also in the round
- backs 85 venture-backed companies existing investor
- backs 45 venture-backed companies existing investor
- backs 34 venture-backed companies existing investor
- backs 26 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development.
- Product development
Comparable rounds
How it compares
37 Series A rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $20M, and this round was 1.3 times the median. The closest in time, other companies' Series A rounds in Aerospace and Defence:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Aerospace and Defence | 14 Sep 2022 | $28M | not disclosed | Alpine Space Ventures |
| Aerospace and Defence | 21 Sep 2022 | $10M | not disclosed | AFW Partners |
| Quantum Systems Aerospace and Defence | 8 Jun 2022 | $32M | not disclosed | Bayern Kapital |
| Aerospace and Defence | 16 Jun 2022 | $22M | not disclosed | Octave Ventures |
| Aerospace and Defence | 13 Oct 2022 | $16M | not disclosed | Octave Ventures and undisclosed strategic investor |
| Aerospace and Defence | 1 Jun 2022 | $11M | not disclosed | not named |
| Aerospace and Defence | 20 May 2022 | $60M | not disclosed | HikeCapital |
| Hadrian Aerospace and Defence | 1 Apr 2022 | $90M | not disclosed | Andreessen Horowitz and Lux Capital |
Questions
Frequently asked
How much did Muon Space raise in its Series A round?
Muon Space raised $25M in its Series A round, announced in Aug 2022.
Who led Muon Space's Series A round?
Radical Ventures led it, with Costanoa, Congruent Ventures, Space Capital and Ubiquity Ventures.
What was Muon Space's valuation at the Series A round?
$119M post-money.
How does it compare with other Series A rounds in Aerospace and Defence?
37 Series A rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $20M, and this round was 1.3 times the median.
Did Muon Space raise again after this round?
Yes: a Series B round in Jun 2025 of $146M.