Ursa Major closes $138M across Series D and D-1
Ursa Major closed $138 million across its Series D and D-1 rounds to expand propulsion production and develop its Lynx solid-rocket-motor line.
Evidence notes
- The disclosed amount combines the initial Series D and its subsequent D-1 extension.
- Investors included Explorer 1 Fund, Eclipse, RTX Ventures, BlackRock-managed funds and accounts, Mack & Co., XN and SV Pacific Ventures.
- Ursa Major directed the financing toward production capacity, Lynx development and other propulsion programs.