# Spaceflight Industries funding: rounds and investors

> Spaceflight Industries has raised $54M across 3 rounds since 2013. Investors include Mithril Capital Management, RRE Ventures and Vulcan Capital.

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

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

# Who invested in *Spaceflight Industries*

3 rounds we have observed, with the 4 investors named in them. 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

**$54M** raised across 3 rounds since 2013, from 3 sources

**$7.5M** Series A **$21M** Series B **$25M** Series B

- **Latest round:** Series B, $25M Jun 2016
- **Led by:** Mithril Capital Management
- **Investors:** 4 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2014 2015 2016

**$7.5M** Series A

**$21M** Series B

**$25M** Series B

- **First round:** Series A, $7.5M
- **Biggest round:** $25M
- **Usual gap between rounds:** 20 months

## The rounds

- **Jun 2016** Series B **$25M** *1 new* [Mithril Capital Management](https://millionrounds.com/fund/mithril-capital-management) Lead Reported by TechCrunch
- **Feb 2015** Series B **$21M** *3 new* [RRE Ventures](https://millionrounds.com/fund/rre-ventures) [Vulcan Capital](https://millionrounds.com/fund/vulcan-capital) [Razor's Edge Ventures](https://millionrounds.com/fund/razor-s-edge-ventures) From a historical funding record SEC filing: $19M sold, first sale Feb 2015
- **Jul 2013** Series A **$7.5M** No investor was named in the report. From a historical funding record

## Founders and team

From the SEC filings it signed: 3 on the team.

- **Brian Daum** Executive Officer i
- **Brian O'Toole** Executive Officer, Director i
- **Eric Kronman** Executive Officer i

On the board, as filed i *Ajay Royan* *Alan Kessler* *Mark Spoto* *Shawn Dougherty* *William Porteous*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2013 **Series B** 2015 **Series B** 2016 [Mithril Capital Management](https://millionrounds.com/fund/mithril-capital-management) L [RRE Ventures](https://millionrounds.com/fund/rre-ventures) [Vulcan Capital](https://millionrounds.com/fund/vulcan-capital) [Razor's Edge Ventures](https://millionrounds.com/fund/razor-s-edge-ventures)

## Everyone who backed them

[Mithril Capital Management](https://millionrounds.com/fund/mithril-capital-management) VC firm **1** round, led 1

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

[Vulcan Capital](https://millionrounds.com/fund/vulcan-capital) Family office **1** round

[Razor's Edge Ventures](https://millionrounds.com/fund/razor-s-edge-ventures) Private equity **1** round

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

## Quick answers about Spaceflight Industries

### Who invested in Spaceflight Industries?

Spaceflight Industries's investors include Mithril Capital Management, RRE Ventures, Vulcan Capital and Razor's Edge Ventures. Mithril Capital Management led its latest round.

### How much has Spaceflight Industries raised?

Spaceflight Industries has raised $54M across 3 rounds since 2013.

### When did Spaceflight Industries last raise?

Spaceflight Industries's most recent round was a Series B of $25M in Jun 2016, led by Mithril Capital Management.

### What was Spaceflight Industries's biggest round?

Its most recent round, $25M in Jun 2016, is also its largest on record.

### Who backed Spaceflight Industries first?

Spaceflight Industries's first round on record, in Feb 2015, was backed by RRE Ventures, Vulcan Capital and Razor's Edge Ventures.

### What stage is Spaceflight Industries at?

Spaceflight Industries's latest named round is a Series B, in Jun 2016.

### Where is Spaceflight Industries based?

Spaceflight Industries is based in the United States.

### Who led Spaceflight Industries's rounds?

Mithril Capital Management led the Series B in 2016.

## Companies like Spaceflight Industries

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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