# Ursa Major Technologies

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

- Industry: Aerospace
- Headquarters: Berthoud, US
- Website: www.ursamajor.com
- Total disclosed funding: $356M
- Latest round: Series E (Nov 18, 2025)
- Investors on record: 22

## About

Based in Colorado, US, and founded in 2015, Ursa Major Technologies, Inc. provides propulsion systems for space launches, hypersonics, and national security. The company was co-founded by Joe Laurienti (CEO), Scott Hughes, and David Gell. In November 2025, Ursa Major Technologies, Inc. raised USD 150 million in series E and venture debt funding led by returning investor Eclipse Ventures, with participation from other returning investors XN and Alsop Louie Partners. New investors Woodline Partners and Principia Growth also participated in the round.

The company offers turnkey propulsion solutions for the vehicles used in the microsatellite launch community. The firm propulsion engine range consists of Hadley which is an Ox-rich staged combustion engine and Ripley which provides lox/kerosine propulsion capacity used for medium to small-class launches. Additionally, the firm propulsion engine range includes Arroway which is a heavy launch engine that uses liquid oxygen and methane propellants.

The company plans to utilize the November 2025 funding to expand manufacturing and production for its various product lines and to meet critical demands within the U.S. industrial sector for updated defense technologies.

## Funding rounds

- Series E, Nov 18, 2025, $100M — Alsop Louie Partners, Eclipse Ventures, Woodline Partners, Principia Growth, XN
- Series D, Nov 30, 2023, $38M — BlackRock, Eclipse Ventures, XN Ventures, SV Pacific Ventures, Explorer 1 Fund, Mack & Co, RTX Ventures, Exor Ventures
- Series D, Oct 14, 2022, $100M — Alsop Louie Partners, BlackRock, Franklin Templeton, Alumni Ventures Group, Alpha Edison, Space Capital, Explorer 1 Fund
- Series C, Dec 7, 2021, $85M — Alsop Louie Partners, BlackRock, Dolby Family Ventures, Alpha Edison, Space Capital, Harpoon Ventures, Explorer 1 Fund, XN
- Series B, Nov 18, 2020, $9.8M — Space Angels, Conconi Growth Partners, Marc Bell Capital, Alpha Edison, Morgan Brook Capital
- Series B, Jun 18, 2019, $15M — Space Angels, Alpha Edison
- Series A, Nov 17, 2017, $8M — Alsop Louie Partners, Dolby Family Ventures, Space Angels

## Investors

- Alsop Louie Partners (https://capitalatlas.ai/funds/alsop-louie-partners) — Series A, Series C, Series D, Series E
- Dolby Family Ventures (https://capitalatlas.ai/funds/dolby-family-ventures) — Series A, Series C
- Space Angels (https://capitalatlas.ai/funds/space-angels) — Series A, Series B
- Alpha Edison (https://capitalatlas.ai/funds/alpha-edison) — Series B, Series C, Series D
- Conconi Growth Partners (https://capitalatlas.ai/funds/conconi-growth-partners) — Series B
- Marc Bell Capital (https://capitalatlas.ai/funds/marc-bell-capital) — Series B
- Morgan Brook Capital — Series B
- BlackRock (https://capitalatlas.ai/funds/blackrock) — Series C, Series D
- Space Capital (https://capitalatlas.ai/funds/space-capital) — Series C, Series D
- Harpoon Ventures (https://capitalatlas.ai/funds/harpoon-ventures) — Series C
- Explorer 1 Fund (https://capitalatlas.ai/funds/explorer-1-fund) — Series C, Series D
- XN (https://capitalatlas.ai/funds/xn) — Series C, Series E
- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Series D
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series D
- Eclipse Ventures (https://capitalatlas.ai/funds/eclipse-ventures) — Series D, Series E
- XN Ventures (https://capitalatlas.ai/funds/xn-ventures) — Series D
- SV Pacific Ventures (https://capitalatlas.ai/funds/sv-pacific-ventures) — Series D
- Mack & Co (https://capitalatlas.ai/funds/mack-co) — Series D
- RTX Ventures (https://capitalatlas.ai/funds/rtx-ventures) — Series D
- Exor Ventures — Series D
- Woodline Partners — Series E
- Principia Growth (https://capitalatlas.ai/funds/principia-growth) — Series E