Antaris, a Los Altos, CA-based software platform for the space industry, secured $3.5 million in preferred seed funding, bringing its total funding to nearly $10 million.
SaaS Investors
Streamlined Ventures led the round. this funding round includes contributions from existing investors, such as venture capital firms HCVC, E2MC, and Antaris founders.
Founded in 2013, Streamlined Ventures is a venture capital investment firm based in Palo Alto, California. The firm prefers to invest in seed-stage and early-stage business or consumer-focused software companies operating in data science, artificial intelligence, software-enabled automation, application programming interface, blockchain, metaverse, and gaming sectors based in the United States.
Antaris Use of Funds
The new investment will be used to fuel its growth and further accelerate the development of the Antaris Cloud Platform
About Antaris
Antaris is focused on building software and SaaS solutions to support satellites and space data networking. The company aims to make space open, accessible, and scalable. They dramatically simplify the design, simulation, and operation of satellites, giving customers the flexibility and security to deliver mission success at a fraction of typical costs.
Antaris recently won a contract to support the US Department of Defense and is preparing to launch its second technology demonstration satellite, JANUS-2.
Funding Details
Company: Antaris Inc.
Raised: $3.5M
Round: Seed Round
Funding Month: September 2023
Lead Investors: Streamlined Ventures
Additional Investors: HCVC, E2MC, and Antaris founders
Company Website: https://www.antaris.space/
Software Category: Satellite Software
Source: https://www.prnewswire.com/in/news-releases/satellite-software-leader-antaris-announces-close-of-preferred-seed-funding-round-bringing-total-raise-to-nearly-10-million-301919012.html