# Karman+

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/karman

- Industry: Renewable Energy
- Headquarters: Denver, US
- Website: www.karmanplus.com
- Total disclosed funding: $20M
- Latest round: Seed (Feb 19, 2025)
- Investors on record: 3

## About

Based in Colorado, US, and founded in 2022 by CEO Teun van den Dries and co-founder Daynan Crull, karmanplus Inc. specializes in asteroid mining, focusing on extracting resources from near-Earth asteroids to support the burgeoning space economy. In February 2025, Karman+ raised USD 20 million in seed funding co-led by Plural UK Management and Hummingbird Ventures, with participation from HCVC.

Karmanplus Inc. provides various autonomous technologies, including optical navigation for interplanetary missions and zero-gravity mining equipment, to facilitate large-scale asteroid excavation. The company leverages off-the-shelf components tested for space and builds spacecraft platforms and systems in-house. In addition, the firm’s focus is on mining asteroid regolith to extract water, which can be utilized directly as rocket fuel or broken down into hydrogen and oxygen for various applications.

The company plans to use the funding from February 2025 to develop its technology demonstration mission and customer missions, expected in 2027.

## Funding rounds

- Seed, Feb 19, 2025, $20M — Hummingbird Ventures, HCVC, Plural

## Investors

- Hummingbird Ventures (https://capitalatlas.ai/funds/hummingbird-ventures) — Seed
- HCVC (https://capitalatlas.ai/funds/hcvc) — Seed
- Plural (https://capitalatlas.ai/funds/plural) — Seed