Can You Hear Me Now…?
Promus Ventures is excited to invest in Mangata Network’s $33M Series A round, announced by Mangata Networks earlier this week. Mangata aims to transform how the world interacts with information and offer unprecedented connectivity through the novel system architecture the team is developing.
Space Investment Has Moved Past Max-Q, Can It Continue to Ascend?
The space industry with its myriad of new startups has now successfully gone through its own Max-Q. Over the last decade, these startups have grinded, innovated, and withstood the drag of naysayers and limited amounts of early capital to blaze ahead into higher altitudes.
Fly Me to the Moon (and Back)
Promus Ventures is excited to lead the €5.3M ($6M) Seed round of The Exploration Company, a Munich-based company building the next generation of spacecraft to democratize access to space.
Dude, Where’s My Container?
Promus Ventures is excited to co-lead the $11M Series A round of Wakeo, a Paris-based company providing real-time visibility into overseas transportation flows to large enterprises and logistics companies.
Don’t Waste a Thing
Promus Ventures is privileged to lead the $4.8M seed round of Recycleye, a London-based startup using advanced computer vision, artificial intelligence and robotics to solve the world’s global waste management problem.
Promus Ventures Closes $140M Space Fund
We are excited to announce our fifth venture capital fund, and our first sector specific fund, a new $140M fund specifically focused on backing early-stage space and geospatial teams around the globe. Seven investments into US, EU and UK startups already closed from fund.
Whoop Raises $200M at $3.6B Valuation
Congratulations to Will Ahmed, John Capodilupo, and the entire Whoop team on their new $200 million Series F financing at a $3.6 billion valuation led by Softbank.
Rocket Lab Begins Trading on Nasdaq
Joins Spire as the second Promus Ventures portfolio company to trade in the span of a week publicly. Congratulations to Pete Beck and the Rocket Lab team on their first day of trading as a public company today (NASDAQ: RKLB).
Spire Starts Trading on NYSE
Congratulations to Spire co-founders Peter Platzer, Jeroen Cappaert, Joel Spark and the entire Spire team on their first day of trading as a public company today (NYSE: SPIR).
Kateryna Lopatynska Joins Promus Ventures as Admin and Operations Associate
We are excited to welcome Kateryna Lopatynskato our team. Kateryna has a strong background in administration, operations, and human resources, joining us from Fidelity Information Services (FIS).