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Spacetech EtherealX in Talks for $20-25M from TDK, Accel, Prosus
Spacetech startup EtherealX is negotiating a $20-25M funding round from TDK, Accel, and Prosus, aiming to enhance satellite capabilities and data collection.
Space-tech startup EtherealX is in advanced talks to raise $20-25 million from investors including TDK, Accel, and Prosus. The company focuses on next-generation space technology, with its products designed to enhance satellite capabilities and data collection for commercial and government applications. EtherealX plans to use the funding for product development and expanding its research team, aiming to become a leader in the emerging space-tech sector.