Announced
Completed
Financials
Tags
satellite communication
Satellite
Acquisition
Private
Private Equity
Completed
Single Bidder
Canada
Cross Border
Minority
Venture Capital
Friendly
Synopsis
IA Ventures, a venture capital company, led a $92m Series C round in Kepler Communications, a company building the Internet for space, with participation from Costanoa Ventures, Canaan Partners, Tribe Capital, and BDC Capital. “Exponentially decreasing launch costs make space more accessible than ever, but connectivity beyond Earth is still costly, challenging, and inconsistent. The Kepler Network solves this by providing a fast, open, developer-friendly network enabling ‘it-just-works’ connectivity between any asset in space and back to Earth—and someday to Mars and beyond! With proven customer demand for their high-speed optical network, we are excited to lead this funding round to enable Kepler to continue its rapid growth and achieve profitability," Brad Gillespie, IA Ventures General Partner.
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