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EnCharge AI closed its second institutional funding round – which saw participation from RTX Ventures, VentureTech Alliance and ACVC Partners – and secured $22.6 million in additional funds from strategic partners. EnCharge AI, which has raised $45 million to date, said Tuesday the funding round underscores the demand for new AI chips.
Aviation and space startups continue to make noise by securing massive funding rounds. This time around, it's Impulse Space, a space logistics startup that recently secured $45 million in its Series A funding round. The round was led by RTX Ventures, the venture capital arm of RTX Corp., formerly Raytheon Technologies. What Is Impulse Space? Established in 2021, Impulse Space is dedicated to delivering efficient and cost-effective space logistics solutions. Primarily targeting low Earth orbit (L
This two-year-old company is looking to extend itself beyond its current low-Earth orbit focus and work toward supportong so-called "GEO" missions.
Looking for the latest GovCon News? Check out our story: RTX-Led Funding Round Brings in $45M for Impulse Space. Click to read more!