Space tech startup Ramon.Space, which designs supercomputing hardware and software devices for space missions, announced on Tuesday that it has raised $17.5 million in a series A round. StageOne Ventures, Deep Insight, WorldQuant Ventures, UMC Capital, and existing investor Grove Ventures participated in the funding round. The funds will be used to continue developing the company’s computing solutions, support its expanding U.S. and Israel operations, and expand its team globally.
Israeli Ramon.Space builds space resilient super-computing systems that revolutionize the way software is written, applied, and processed in space. Software in space is limited since the hardware needed to support it cannot function in harsh conditions such as extreme radiation, drastic temperatures, and other dramatic space phenomena. Ramon.Space aims to transform the way software and hardware are used in space so applications can be developed, updated and adapted in real-time, creating infinite possibilities for new space satellite payloads and deep space missions.