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Karman+ raised $20M in Seed funding led by HCVC and angel investors to develop its first technology demonstration mission and customer missions.

PUBLIC · KRMNFeb 22, 2025

Amount Raised

$20 Million

Round Type

Seed

Huntington BeachManufacturingInformation TechnologyEnergySoftwareArtificial IntelligenceGovernment And MilitaryMessaging And TelecommunicationsAerospaceNational Security

Investors

Kevin MahaffeyTeun Van Den DriesHcvc

Description

Karman+, a Denver-based asteroid mining startup, raised $20M in Seed funding. The company plans to use the funds for its first technology demonstration mission and customer missions, expected by 2027.

Quick answer

Karman+ raised $20 Million in a Seed round, dated February 22, 2025. Investors: Kevin Mahaffey, Teun Van Den Dries and Hcvc. Karman+ is based in Huntington Beach, California, United States.

How much did Karman+ raise?
Karman+ raised $20 Million in a Seed round on February 22, 2025.
Who invested in Karman+?
Kevin Mahaffey, Teun Van Den Dries and Hcvc are named as investors in this round.
What does Karman+ do?
Karman+ is a Denver-based asteroid mining startup focused on extracting resources from near-Earth asteroids.
Where is Karman+ based and how big is it?
Karman+ is based in Huntington Beach, California, United States. Fundz records about 25 employees.
Who are the decision-makers at Karman+?
Fundz holds 1 contact at Karman+. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Government And Military around the same time

Companies in the same sectors as Karman+ that raised within 45 days of this round, from Fundz verified event records.

  • Cursor raised $105M (Funding Round) on January 15, 2025.
  • QuickLogic raised $1.4M (Seed) on March 31, 2025.
  • SKYX Platforms raised $95K on March 27, 2025.
  • MoirAI Cloud raised $1M (Pre-Seed) on March 13, 2025.
  • Rangsons Aerospace raised $37M on March 13, 2025.
  • Miso Robotics raised $137K (Series E) on February 21, 2025.

Who to call at Karman+, and when

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Company Information

Company

Karman+

Location

Huntington Beach, California, United States

About

Karman+ is a Denver-based asteroid mining startup focused on extracting resources from near-Earth asteroids. The company aims to provide sustainable energy and resources both in space and for Earth. Their initial plan involves using asteroid regolith to refuel space tugs servicing satellites in geostationary orbit. Long-term, Karman+ seeks to revolutionize industries by relocating production off-planet.

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Karman+ raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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