# Zenno Astronautics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zenno-astronautics

- Industry: Aerospace
- Headquarters: Auckland, New Zealand
- Website: www.zenno.space
- Total disclosed funding: $6.5M
- Latest round: Seed (Nov 29, 2024)
- Investors on record: 11

## About

Founded in 2017 and based in Auckland, New Zealand, Zenno Astronautics Ltd. specializes in providing electromagnets for the aerospace industry. In August 2022, Zenno Astronautics Limited raised NZD 10.5 million in seed funding co-led by investors Global From Day One and Nuance Capital Limited, with participation from other investors Alt Ventures, Arkisys, Enterprise Angels, K1W1, New Zealand Growth Capital Partners, NZVC, and Shasta Ventures.

The company offers supermagnets for space applications. Its offerings include Z01TM/SupertorquerTM which is a superconducting magnetorquer that helps in controlling spacecraft attitude. Its product uses high-temperature superconducting coils that help in eliminating Ohmic losses and allows extremely high currents and continuous operation even at peak dipole moment.

The company plan to use August 2022 funding for the growth of its team.

## Funding rounds

- Seed, Nov 29, 2024 — New Zealand Growth Capital Partners, Shasta Ventures, Global Brain, K1W1, GD1, UniServices, Nuance Capital, NZVC
- Seed, Aug 5, 2022, $6.5M — New Zealand Growth Capital Partners, Shasta Ventures, Enterprise Angels, GD1, K1W1, Nuance Capital, NZVC, Alt Ventures, Arkisys

## Investors

- New Zealand Growth Capital Partners — Seed
- Shasta Ventures (https://capitalatlas.ai/funds/shasta-ventures) — Seed
- Enterprise Angels (https://capitalatlas.ai/funds/enterprise-angels) — Seed
- GD1 (https://capitalatlas.ai/funds/gd1) — Seed
- K1W1 — Seed
- Nuance Capital — Seed
- NZVC (https://capitalatlas.ai/funds/nzvc) — Seed
- Alt Ventures (https://capitalatlas.ai/funds/alt-ventures) — Seed
- Arkisys — Seed
- Global Brain (https://capitalatlas.ai/funds/global-brain) — Seed
- UniServices — Seed