01 April 2020

What does it take to raise Series B funding?

Learn from Gilmour Space

Gilmour Space Technologies is a venture capital-backed rocket company based in Queensland, Australia that is making significant progress in its goal to launch the next-generation small satellites into Low Earth Orbits.

In 2017, the company raised its Series A funding round amounting to A$5 million (US$3.546 million). 

In raising Series B (A$19 million or US$13.7 million), Gilmour Space kept its focus on R&D for its space tech business, while providing potential investors the adequate capability to conduct due diligence.

Due diligence plays a big part in the decision-making process for raising capital. For most startups, the challenge lies in finding a secure and efficient way to accomplish due diligence with potential investors. Learn about the art of the deal by downloading this case study.