# Mangata Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mangata-networks

- Industry: Telecoms
- Headquarters: Phoenix, US
- Website: www.mangatanetworks.com
- Total disclosed funding: $33M
- Latest round: Series A (Dec 29, 2021)
- Investors on record: 5

## About

Based in Phoenix, US, and founded in 2020 by CEO Juliette Neu and Brian Holz, Mangata Networks operates as a provider of technology services that connect different devices across the world through a proprietary network of satellites and terrestrial systems. In January 2022, Mangata Networks raised USD 33 million in Series A funding led by Playground Global, LLC, with participation from Kt sat, MetaVC Partners, Promus Ventures, and Temasek Holdings.

The company operates as the developer of an Earth-orbiting constellation with some satellites in a highly elliptical orbit, or HEO, and others in medium Earth orbit, or MEO. These satellites will promote connectivity with an Earth-based system of MangataEdge micro data centers.

The company plans to use the Series A funding to continue to expand operations and to deploy initial community networks, targeted for 2023.

## Funding rounds

- Series A, Dec 29, 2021, $33M — Temasek Holdings, Promus Ventures, Playground Global, LLC, MetaVC Partners, Kt sat

## Investors

- Temasek Holdings — Series A
- Promus Ventures (https://capitalatlas.ai/funds/promus-ventures) — Series A
- Playground Global, LLC — Series A
- MetaVC Partners (https://capitalatlas.ai/funds/metavc-partners) — Series A
- Kt sat — Series A