Status
In progress
Assign
Category
Manufacturing
Deal Type
SAFE
Parent item
Sub-item
Post-money valuation of $20MM on a pre-seed SAFE. Have all but made the decision to wire the money. This deal is about a few things:
- investment in the next-generation of civilian entrepreneurs and engineers in Defense
- a founder with a systems engineering background but through upper crest of industry in SpaceX
- To ensure participation in deal making in A&D over the next FYDP as a foundation action to build 9th & MD into a credible investor
- To follow-on investment with government relations and gtm professional services to maximize post-close value creation
- and position to maximize lessons learned and segment awareness