Caruso Ventures

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πŸ–¨οΈπŸš€ Agile raises $13 million to expand production

πŸ“… Date:

πŸ”– Topics: Funding Event

🏒 Organizations: Agile Space Industries, Caruso Ventures, Lockheed Martin

Agile Space Industries raised $13 million to expand production and development of propulsion systems. The seed funding round, announced June 23, was led by Caruso Ventures. Participants included Lockheed Martin Ventures, Greater Colorado Venture Fund, CORI Innovation Fund and Greenline Ventures. Durango, Colorado-based Agile has raised more than $18 million to date.

With the latest funding, Agile plans to expand its metal additive manufacturing and chemical propulsion testing infrastructure, Pearson said. β€œIn addition, we will be looking to accelerate some of our product development activities.”

Read more at Agile Space Industries Press