Tech
Investors commit quarter-billion dollars to startup designing “Giga” satellites
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A startup established three years ago to churn out a new class of high-power satellites has raised $250 million to ramp up production at its Southern California factory.
The company, named K2, announced the cash infusion on Thursday. K2’s Series C fundraising round was led by Redpoint Ventures, with additional funding from investment firms in the United States, the United Kingdom, and Germany. K2 has now raised more than $400 million since its…
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