# PlanetiQ funding: rounds and investors

> PlanetiQ has raised $19M across 1 round since 2019. Investors include New Science Venture, AV8 and Service Provider Capital. Every round with its source.

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

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

# Who invested in *PlanetiQ*

One round we have observed, with the 10 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

**$19M** raised across 1 round since 2019, from 1 source

- **Latest round:** Series B, $19M Jul 2019
- **Led by:** New Science Venture and AV8
- **Investors:** 10 (2 led)

See who backed them

## The rounds

- **Jul 2019** Series B **$19M** [New Science Venture](https://millionrounds.com/fund/new-science-ventures) Lead [AV8](https://millionrounds.com/fund/av8-ventures) Lead [Service Provider Capital](https://millionrounds.com/fund/service-provider-capital) [Access Venture Partners](https://millionrounds.com/fund/access-venture-partners) [Moonshots Capital](https://millionrounds.com/fund/moonshots-capital) [Valo Ventures](https://millionrounds.com/fund/valo-ventures) [Hemisphere Venture](https://millionrounds.com/fund/hemisphere-ventures-llc) [Kodem Growth Partners](https://millionrounds.com/fund/kodem-growth-partners) Earth Investments Virginia Tech Innovation Fund Reported by FinSMEs

## Founders and team

From PlanetiQ's own website: 1 founder, 6 on the team.

**Chris McCormick** Founder & Chairman

- **Ira Scharf** Chief Executive Officer
- **Donny Patullo** Vice President of Business Development
- **Jonathan Brandmeyer** Senior Vice President of Software Engineering
- **Rob Kursinski** Chief Scientist
- **Donny Pattullo** VP of Business Development
- **Paul McGaugh** VP of Hardware Engineering

## Everyone who backed them

[New Science Venture](https://millionrounds.com/fund/new-science-ventures) VC firm **1** round, led 1

[AV8](https://millionrounds.com/fund/av8-ventures) VC firm **1** round, led 1

[Service Provider Capital](https://millionrounds.com/fund/service-provider-capital) VC firm **1** round

[Access Venture Partners](https://millionrounds.com/fund/access-venture-partners) VC firm **1** round

[Moonshots Capital](https://millionrounds.com/fund/moonshots-capital) VC firm **1** round

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

[Hemisphere Venture](https://millionrounds.com/fund/hemisphere-ventures-llc) VC firm **1** round

[Kodem Growth Partners](https://millionrounds.com/fund/kodem-growth-partners) VC firm **1** round

Earth Investments no record of our own yet **1** round

Virginia Tech Innovation Fund no record of our own yet **1** round

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

## Also claim to have backed them

These 4 firms list PlanetiQ 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.

[Tremendous View Capital](https://millionrounds.com/fund/tremendous-view-ca) VC firm Per its own site

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

[Virginia Tech Carilion (VTC) Innovation Fund](https://millionrounds.com/fund/virginia-tech-carilion-vtc-innovation-fund) VC firm Per its own site

[Vtc Seed Fund Management Company, Llc](https://millionrounds.com/fund/vtc-seed-fund-management-company-llc) VC firm Per its own site

## Quick answers about PlanetiQ

### Who invested in PlanetiQ?

PlanetiQ's investors include New Science Venture, AV8, Service Provider Capital, Access Venture Partners and Moonshots Capital, and 5 more on record. New Science Venture led its latest round.

### How much has PlanetiQ raised?

PlanetiQ has raised $19M across 1 round since 2019.

### When did PlanetiQ last raise?

PlanetiQ's most recent round was a Series B of $19M in Jul 2019, led by New Science Venture.

### What was PlanetiQ's biggest round?

Its most recent round, $19M in Jul 2019, is also its largest on record.

### Who backed PlanetiQ first?

PlanetiQ's first round on record, in Jul 2019, was backed by New Science Venture, AV8 and Service Provider Capital and 7 others.

### What stage is PlanetiQ at?

PlanetiQ's latest named round is a Series B, in Jul 2019.

### Where is PlanetiQ based?

PlanetiQ is based in the United States.

### Who led PlanetiQ's rounds?

New Science Venture led the Series B in 2019.

## Companies like PlanetiQ

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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