# Magma Space funding: rounds and investors

> Magma Space has raised $500K across 1 round since 2025. Investors include Techstars. Every round with its source.

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

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

# Who invested in *Magma Space*

One round we have observed, with the one investor 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

**$500K** raised across 1 round since 2025, from 1 source

- **Latest round:** Grant, $500K Jul 2025
- **Investors:** 1

See who backed them

## The rounds

- **Jul 2025** Grant **$500K** [Techstars](https://millionrounds.com/fund/techstars) Source recorded

## Founders and team

From Magma Space's own website: 1 founder, 2 on the team.

**Jordan Handler** Co-Founder & COO

- **Cooter McGrew** Principal Embedded Systems Engineer
- **Nate Iven** CIO & Director of Growth

## Everyone who backed them

[Techstars](https://millionrounds.com/fund/techstars) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list Magma Space 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.

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

[ZEA](https://millionrounds.com/fund/zea) VC firm Per its own site

## Quick answers about Magma Space

### Who invested in Magma Space?

Magma Space's investors include Techstars.

### How much has Magma Space raised?

Magma Space has raised $500K across 1 round since 2025.

### When did Magma Space last raise?

Magma Space's most recent round was a Grant of $500K in Jul 2025.

### What was Magma Space's biggest round?

Its most recent round, $500K in Jul 2025, is also its largest on record.

### Who backed Magma Space first?

Magma Space's first round on record, in Jul 2025, was backed by Techstars.

### What stage is Magma Space at?

Magma Space's latest named round is a Grant, in Jul 2025.

### Where is Magma Space based?

Magma Space is based in the United States.

## Companies like Magma Space

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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