# X-Bow Launch Systems funding: rounds and investors > X-Bow Launch Systems has raised $41M across 2 rounds since 2025. Investors include Crosslink Capital, Capital Factory and Lockheed Martin. Source: https://millionrounds.com/company/x-bow-launch-systems (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *X-Bow Launch Systems* 2 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 Raised 12 months ago Funding summary Updated 26 Oct 2026 **$41M** raised across 2 rounds since 2025, from 2 sources **$35M** Series B **$6.0M** Debt - **Latest round:** Debt, $6.0M Nov 2025 - **Biggest round:** $35M Series B · May 2025 - **Investors:** 4 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. 2026 **$35M** Series B **$6.0M** Debt - **First round:** Series B, $35M - **Biggest round:** $35M - **Between rounds:** 6 months ## The rounds - **Nov 2025** Debt **$6.0M** *1 new* *3 returning* [Gaingels](https://millionrounds.com/fund/gaingels) [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Capital Factory](https://millionrounds.com/fund/capital-factory) [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) Source recorded SEC filing: $6.0M sold, first sale Nov 2025 - **May 2025** Series B **$35M** *3 new* [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Capital Factory](https://millionrounds.com/fund/capital-factory) [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) Source recorded SEC filing: $25M sold, first sale Dec 2024 ## 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 B** 2025 **Debt** 2025 [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Capital Factory](https://millionrounds.com/fund/capital-factory) [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) [Gaingels](https://millionrounds.com/fund/gaingels) ## Everyone who backed them [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) VC firm **2** rounds [Capital Factory](https://millionrounds.com/fund/capital-factory) VC firm **2** rounds [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) Corporate VC **2** rounds [Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=x-bow-launch-systems). ## Quick answers about X-Bow Launch Systems ### Who invested in X-Bow Launch Systems? X-Bow Launch Systems's investors include Crosslink Capital, Capital Factory, Lockheed Martin and Gaingels. ### How much has X-Bow Launch Systems raised? X-Bow Launch Systems has raised $41M across 2 rounds since 2025. ### When did X-Bow Launch Systems last raise? X-Bow Launch Systems's most recent round was a Debt of $6.0M in Nov 2025. ### What was X-Bow Launch Systems's biggest round? X-Bow Launch Systems's largest round on record is $35M (Series B), in May 2025. ### Who backed X-Bow Launch Systems first? X-Bow Launch Systems's first round on record, in May 2025, was backed by Crosslink Capital, Capital Factory and Lockheed Martin. ### What stage is X-Bow Launch Systems at? X-Bow Launch Systems's latest named round is a Debt, in Nov 2025. ### Where is X-Bow Launch Systems based? X-Bow Launch Systems is based in the United States. ## Companies like X-Bow Launch Systems 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) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app