Xona Raises $250M at $2.45B Valuation to Build GPS Rival
Satellite navigation startup Xona, which plans a 258-satellite low-Earth orbit network as a commercial alternative to GPS, raised a $250 million Series D led by Future Ventures, with SpaceX board member Steve Jurvetson among the backers.
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| Oct 23, 10:54 AM | bloomberg.com | Xona Raises $250 Million to Remake 50-Year-Old GPS |
| Oct 22, 6:39 AM | thenextweb.com | Xona raises $250M at a $2.45B valuation to build a rival to GPS |
| Oct 22, 5:20 AM | techmeme.com | Xona, which plans to deploy a 258-satellite low-Earth orbit constellation as a commercial alternative to GPS, raised a $250M Series D at a $2.45B valuation (Monica Hunter-Hart/Forbes) |
| Oct 22, 3:30 AM | forbes.com | EXCLUSIVE: SpaceX Investor Backs $2.45 Billion Startup Taking The Starlink Model To GPS |