Luxembourg, 27 May 2021. – The space computing startup Ramon.Space has raised $17.5 million in Series A funding, the company based in Palo Alto, California, said.
The round includes StageOne Ventures, Deep Insight, WorldQuant Ventures, UMC Capital and existing investor Grove Ventures and will be used to continue development of the company’s computing solutions, support its rapidly expanding US and Israel operations, and expand the team globally.
Ramon.Space builds space-resilient supercomputer systems that bring supercomputing to space, the company says. “Powered by its unique AI/ML processors, Ramon.space’s software-defined systems enable the realizations of earth-like computing capabilities in space,” it says.
“The use of software in space has been limited because the hardware needed to support it could not function in such harsh conditions. Ramon.Space aims to transform the way software and hardware are used in space so applications can be developed, updated and adapted in real-time, creating infinite possibilities for new space satellite payloads and deep space missions,” Ramon.Space says.