Accion Systems

AerospaceSeries CBoston, USaccion-systems.com

Latest round

Series C

Last raised

Jul 2021

Total raised

$60M

Investors

11

About Accion Systems

Accion Systems Inc.Founded in 2014, Accion Systems Inc. is based in Boston, US, and specializes in satellite propulsion systems.161 mn.Accion Systems Inc. specializes in advanced propulsion systems, particularly its innovative TILE thrusters designed for larger satellites. Their offerings cater to a broad spectrum of applications within satellite communications, earth observation, and scientific research.Accion Systems Inc. generates revenue through direct sales and business-to-business transactions within the aerospace industry. It focuses on significant contracts with governmental and commercial clients for its advanced propulsion technologies.374 mn, the company plans to utilize these funds to scale up its TILE thrusters for larger satellites. The expansion strategy includes targeting new markets and geographic regions to enhance their technology's application. Specific timelines for product launches and market expansion have not been disclosed.

Who invested in Accion Systems

11 investors across 4 rounds

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Funding rounds

  1. Series C

    Jul 21, 2021

    Amount

    $39M

    Investors

    Locked

  2. Series B

    Feb 4, 2020

    Amount

    $11M

    Investors

    Locked

  3. Series A

    May 12, 2016

    Amount

    $7.5M

    Investors

    Locked

  4. Seed

    Jan 5, 2015

    Amount

    $2M

    Investors

    Locked

Questions about Accion Systems

Who invested in Accion Systems?

Accion Systems has 11 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Accion Systems raised?

Accion Systems has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Accion Systems last raise money?

Accion Systems's most recent round on record is a Series C, in Jul 2021.

What does Accion Systems do?

Accion Systems is a aerospace company.

Where is Accion Systems headquartered?

Accion Systems is headquartered in Boston, US.

Which VCs invest in companies like Accion Systems?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back aerospace companies at Accion Systems's stage. Their profiles are linked below.

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