Accion Systems

Providing propulsion systems for satellites based on proprietary technology developed at mit.

Launch date

2014

Employees

Market cap

Enterprise valuation

AUD129m (Public information from Jul 2021)

Boston Massachusetts (HQ)

Date	Investors	Amount	Round
-	FAST — by GETTYLAB Small Business Innovation Research (SBIR)	N/A	-
Sep 2014	MIT Founders' Skills Accelerator	N/A	Grant
Jan 2015	Founder Collective RRE Ventures Founders Fund Slow Ventures Rene Reinsberg TechU Angels Marek Olszewski Upslope Ventures	$2.0m	Seed
Jun 2015	US Department of Defense	$3.0m	Grant
May 2016	Founder Collective RRE Ventures Slow Ventures Shasta Ventures Dylan Taylor Space Angels TechU Angels	$7.5m	Series A
Oct 2018	GettyLab Boeing	$3.0m	Early VC
Feb 2020*	Shasta Ventures Boeing AEI Horizon X	$11.0m	Series B
Aug 2020	AFWERX	$2.3m	Grant
Jul 2021	Tracker Capital Management	$42.0m Valuation: $83.5m	Series C
Jul 2021	Tracker Capital Management	N/A	Acquisition
Jul 2021*	MIT Founders' Skills Accelerator	N/A	Spinout
Total Funding		AUD109m

Tech stackLearn more about the technologies and tools that this company uses.

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