# Basalt Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/basalt-technologies

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.basalt.space
- Total disclosed funding: $3.5M
- Latest round: Seed (May 30, 2024)
- Investors on record: 4

## About

Based in California, US, and founded in 2023 by Chief Executive Officer Maximillian Bhatti and Chief Operating Officer Alex Choi, Basalt Technologies Corp. operates as a space-based operating system provider, enabling various satellite types to operate together. In May 2024, Basalt Technologies Corp. raised USD 3.5 million in seed funding led by Initialized Capital, with participation from Y Combinator, Liquid 2 Ventures, and General Catalyst Partners.

Basalt Technologies Corp. offers a product known as Dispatch, which is an advanced spacecraft OS designed to coordinate heterogeneous satellite constellations. The system provides operators with the capability to manage dozens of missions simultaneously while generating instructions for entire fleets. The company's modular autonomy solutions ensure predictability by leveraging data and multiphysics simulations. In addition, the firm integrates artificial intelligence technology and control systems for both commercial and government clients to smarter satellite operations and service deployment.

The company plans to use the funding from May 2024 to grow the team and expand operations and development efforts.

## Funding rounds

- Seed, May 30, 2024, $3.5M — General Catalyst Partners, Y Combinator, Initialized Capital, Liquid 2 Ventures

## Investors

- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Initialized Capital (https://capitalatlas.ai/funds/initialized-capital) — Seed
- Liquid 2 Ventures (https://capitalatlas.ai/funds/liquid-2-ventures) — Seed