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WHTop → 📋 News → Lumen Orbit Raises $10M+ for Space-Based Data Centers
Oct, 2024 : Lumen Orbit Raises $10M+ for Space-Based Data Centers
📅 - Lumen Orbit, a Redmond-based business, has raised over $10 million in oversubscribed fundraising in a major seed round, marking a daring departure from Y Combinator's most recent class. This eight-figure investment puts Lumen Orbit among the most significant and well-known rounds in the 2024 summer class of Y Combinator, according to a person familiar with the transaction.
Despite the excitement, Lumen Orbit has chosen to keep quiet about the specifics, which has piqued the curiosity of both investors and industry watchers.
Lumen Orbit aims to develop an ambitious network of space-based data centers with an eventual capacity of one gigawatt, a scale designed to power the immense [...][... Check source for end of article ...]
Tags: Data Center
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