Get the latest tech news
200 VCs wanted to get into Lumen Orbit’s $11M seed round
Lumen Orbit has a lofty mission of building data centers in space but investors aren't shying away from the moonshot.
Lumen Orbit, a startup looking to build data centers in space, was able to close its recent seed round in mere days amid intense investor interest. The company is building orbital data centers that are made up of pods, which can hold compute and can be brought up individually, attaching to large solar panels in space in clusters (concept image above). The childhood friends soon realized that the amount of energy needed to send the solar power back to Earth made it more of a hassle than it was worth.
Or read this on TechCrunch
