Ursa Major was founded in 2015 by Joe Laurienti. The company has not publicly endorsed plans to participate in an IPO.
Ursa Major is an aerospace technology company that designs rocket engines for the microsatellite and nanosatellite market. Ursa Major uses 3D printing to manufacture its engines, allowing the company to offer them at a comparatively low price point. The company has raised more than $130 million in venture capital funding from investors including BlackRock, Alsop Louie Partners, Alpha Edison, Dolby Family Ventures, Space Capital, and Harpoon Ventures. Ursa Major did not disclose valuation figures following an $85 million fundraising round in 2021.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
11/30/2023 | Series D-1 | $38MM | $xx.xx | $320.52MM | Blackrock, Eclipse, Exor Ventures, Explorer 1 Fund, Llc, Mack & Company, Rtx Ventures, Xn | |
Price per Share
$xx.xx
Shares Outstanding
15,725,874
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blackrock, Eclipse, Exor Ventures, Explorer 1 Fund, Llc, Mack & Company, Rtx Ventures, Xn
|
||||||
04/25/2023 | Series D | $100MM | $xx.xx | $532.97MM | Blackrock, Space Capital | |
Price per Share
$xx.xx
Shares Outstanding
15,088,418
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.2x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blackrock, Space Capital
|
||||||
12/07/2021 | Series C | $85MM | $xx.xx | $381.7MM | Alpha Edison, Alsop Louie Partners, Blackrock, Dolby Family Ventures, Explorer 1, Harpoon Ventures, Space Capital, Xn | |
Price per Share
$xx.xx
Shares Outstanding
14,250,268
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.2x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alpha Edison, Alsop Louie Partners, Blackrock, Dolby Family Ventures, Explorer 1, Harpoon Ventures, Space Capital, Xn
|
||||||
12/29/2020 | Series B-1 | $20.01MM | $xx.xx | $108.45MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
8,593,906
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
11/07/2019 | Series B | $25.29MM | $xx.xx | $75.06MM | Citi Ventures, New York Ventures, Paladin Capital Group, Razor�S Edge Ventures, Rre Ventures, S&P Global | |
Price per Share
$xx.xx
Shares Outstanding
11,857,928
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Citi Ventures, New York Ventures, Paladin Capital Group, Razor�S Edge Ventures, Rre Ventures, S&P Global
|
||||||
10/25/2017 | Series A | $8.03MM | $xx.xx | $27.16MM | New Enterprise Associates, Paladin Capital Group, Rre Ventures, S&P Global | |
Price per Share
$xx.xx
Shares Outstanding
4,922,876
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
New Enterprise Associates, Paladin Capital Group, Rre Ventures, S&P Global
|
||||||
06/23/2017 | Series Seed | $2.8MM | $xx.xx | $7MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,573,531
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|