# AscendArc funding: rounds and investors

> AscendArc has raised $81K across 1 round since 2025. Investors include Plug and Play, Gaingels and Everywhere Ventures. Every round with its source.

Source: https://millionrounds.com/company/ascendarc (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *AscendArc*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Aerospace & Space

Raised 12 months ago

Funding summary Updated 26 Oct 2026

**$81K** raised across 1 round since 2025, from 1 source

- **Latest round:** Seed, $81K Nov 2025
- **Investors:** 5

See who backed them

## The rounds

- **Nov 2025** Seed **$81K** [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Gaingels](https://millionrounds.com/fund/gaingels) [Everywhere Ventures](https://millionrounds.com/fund/everywhere-ventures) [Portland Seed Fund](https://millionrounds.com/fund/portland-seed-fund) [Seraphim Space](https://millionrounds.com/fund/seraphim-space) Source recorded

## Founders and team

From AscendArc's own website and the SEC filings it signed: 1 founder, 5 on the team.

**Chris McLain** CEO and Founder

- **Jason Smith** Experienced power delivery and design engineer
- **Kevin Crandall** Experienced power delivery and design engineer
- **Travis Gildner** Leading designer of space structures and mechanisms
- **Christopher McLain** Executive Officer, Director i
- **David Kagan** Executive Chairman

On the board, as filed i *Brent Perrott* *Richard Davis*

## Everyone who backed them

[Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **1** round

[Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round

[Everywhere Ventures](https://millionrounds.com/fund/everywhere-ventures) VC firm **1** round

[Portland Seed Fund](https://millionrounds.com/fund/portland-seed-fund) VC firm **1** round

[Seraphim Space](https://millionrounds.com/fund/seraphim-space) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ascendarc).

## Also claim to have backed them

These 2 firms list AscendArc as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Ecosystem Ventures](https://millionrounds.com/fund/ecosystem-ventures) VC firm Per its own site

[Generation Space](https://millionrounds.com/fund/generation-space) VC firm Per its own site

## Quick answers about AscendArc

### Who invested in AscendArc?

AscendArc's investors include Plug and Play, Gaingels, Everywhere Ventures, Portland Seed Fund and Seraphim Space.

### How much has AscendArc raised?

AscendArc has raised $81K across 1 round since 2025.

### When did AscendArc last raise?

AscendArc's most recent round was a Seed of $81K in Nov 2025.

### What was AscendArc's biggest round?

Its most recent round, $81K in Nov 2025, is also its largest on record.

### Who backed AscendArc first?

AscendArc's first round on record, in Nov 2025, was backed by Plug and Play, Gaingels and Everywhere Ventures and 2 others.

### What stage is AscendArc at?

AscendArc's latest named round is a Seed, in Nov 2025.

### Where is AscendArc based?

AscendArc is based in the United States.

## Companies like AscendArc

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**Jeevy Fabrication** Oct 2026](https://millionrounds.com/company/jeevy-fabrication)[**Varda Space Industries** $438M · Oct 2026](https://millionrounds.com/company/varda-space-industries)[**Kapta Space** $29M · Oct 2026](https://millionrounds.com/company/kapta-space)

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