# ExLabs funding: rounds and investors

> ExLabs has raised $1.8M across 1 round since 2025. Investors include 1517 Fund and Leonid Capital Partners. Every round with its source.

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

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

# Who invested in *ExLabs*

One round we have observed, with the 2 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

Funding summary Updated 26 Oct 2026

**$1.8M** raised across 1 round since 2025, from 1 source

- **Latest round:** Grant, $1.8M Mar 2025
- **Investors:** 2

See who backed them

## The rounds

- **Mar 2025** Grant **$1.8M** [1517 Fund](https://millionrounds.com/fund/1517-fund) [Leonid Capital Partners](https://millionrounds.com/fund/leonid-capital-partners) Source recorded

## Founders and team

From ExLabs's own website: 6 on the team.

- **Matthew Schmidgall** Chief Executive Officer
- **Dalibor Djuran** Chief Technology Officer
- **Freyr Thor** Chief Financial Officer
- **James Orsulak** Chief Revenue Officer
- **Miguel Pascual** Chief Science Officer
- **Keiko Nakamura-Messenger** VP of Mission Development

## Everyone who backed them

[1517 Fund](https://millionrounds.com/fund/1517-fund) VC firm **1** round

[Leonid Capital Partners](https://millionrounds.com/fund/leonid-capital-partners) Private credit **1** round

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

## Quick answers about ExLabs

### Who invested in ExLabs?

ExLabs's investors include 1517 Fund and Leonid Capital Partners.

### How much has ExLabs raised?

ExLabs has raised $1.8M across 1 round since 2025.

### When did ExLabs last raise?

ExLabs's most recent round was a Grant of $1.8M in Mar 2025.

### What was ExLabs's biggest round?

Its most recent round, $1.8M in Mar 2025, is also its largest on record.

### Who backed ExLabs first?

ExLabs's first round on record, in Mar 2025, was backed by 1517 Fund and Leonid Capital Partners.

### What stage is ExLabs at?

ExLabs's latest named round is a Grant, in Mar 2025.

### Where is ExLabs based?

ExLabs is based in the United States.

## Companies like ExLabs

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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