Strategic · Space tech

Array Labs raises an additional $21M with Mitsubishi Electric backing

The July investment follows Array Labs’ $20M Series A announcement earlier in the year.

Mitsubishi Electric anchors the strategic financing, alongside Catapult Ventures, Kompas VC, Washington Harbour Partners and Y Combinator.

The new announcement adds a corporate strategic investor to the company’s recorded backers. It is separate from the January Series A, preserving the distinction between the two financing events.

Funding history

Strategic · This round$21M
Series A$20M

Sources

  1. Array Labsprojectstartups.com
  2. prnewswire.com