Craft Ventures
Craft Ventures announces a third investment in Xona Space, backing the satellite navigation startup's $250M Series D at $2.45B valuation. The firm outlines its conviction thesis: Xona's LEO constellation offers GPS-grade signals at centimeter accuracy, with geopolitical urgency and near-zero marginal costs driving a potential global infrastructure business.
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Topics: Semiconductors · Defense & Aerospace
Published by Craft Ventures · their site ↗
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