Ursa Major raises $85M Series C funding
Ursa Major raised $85 million in Series C funding to expand production and develop additional propulsion systems.
Evidence notes
- Funds and accounts managed by BlackRock led the financing.
- XN and Explorer 1 joined the round alongside existing investors Alsop Louie Partners, Alpha Edison, Dolby Family Ventures, Space Capital and Harpoon Ventures.
- Ursa Major allocated the capital to Ripley and Hadley engine production and next-generation engine development.