Cosmic Capital News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Space South Central, a regional space organisation, is the portal to Cosmic Capital for space-related SMEs to attract financial backing.

From thriving to calamity and back The Palo Alto-based company, founded by Cohen and CTO Ilan Twig in 2015, was thriving pre-pandemic. In June, 2019, it raised $250 million at a $4 billion valuation just months after reaching a $1 billion unicorn valuation. At the start of 2020, Cohen told Forbes that "if this year is going to plan, we are getting very close to an IPO."  The year obviously did not go as planned. TripActions' business model relied largely on collecting a booking fee after each trip; when bookings fell 90% in March, the startup's revenue source went into freefall.  After the ...