Focus: Software
July 12, 2024
Booz Allen Ventures invested in Quindar, an early-stage startup focused on automating satellite operations. Quindar has built a virtualized platform that the company says improves the ability to command cooperative fleets of spacecraft using non-proprietary technologies. The mission management platform currently operates multiple customers and assets in space. Quindar previously raised $8.5 million seed funding. …
July 11, 2024
Edge computing startup Armada has raised $40 million in a funding round led by M12, Microsoft's venture fund. Armada also announced a separate agreement with Microsoft where its products are now available in the Microsoft Azure cloud software marketplace. Armada, which emerged from stealth mode in December, sells modular data centers that work with the…
April 4, 2024
Bright Ascension has closed a 2.3 million pound ($2.8 million) investment round through a convertible loan from Scottish Enterprise, Capital for Colleagues (C4C) and other investors in the company. The funds include 1.5 million pounds ($1.89 million) previously secured in October 2023 as a bridging loan from C4C, alongside Bill Ainscough, and TJ Morris Limited,…
February 6, 2024
Satellite network management startup Quindar raised an additional $6 million in seed extension rounds from FUSE with the continued investment from Y-Combinator and Funders Club, the company announced in late January. The company plans to use the funding to elevate its spacecraft management software using AI-driven insights and operations. Last January, Quindar raised $2.5 million…