200 VCs wanted to get into Lumen Orbits $11M seed round | TechCrunch

Image for article 200 VCs wanted to get into Lumen Orbits $11M seed round | TechCrunch
News Source : TechCrunch

News Summary

  • Lumen Orbit, a startup looking to build data centers in space, was able to close its recent seed round in mere days amid intense investor interest
  • The Redmond, Washington-based company closed on an $11 million seed round at a $40 million valuation
  • Lumen’s goal is to build multi-gigawatt compute clusters by the end of the decade
Lumen Orbit, a startup looking to build data centers in space, was able to close its recent seed round in mere days amid intense investor interest.The Redmond, Washingtonbased company closed on a [+4166 chars]

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