Lonestar Data: Closes $5M Seed Financing

Lonestar Data Closes $5M Seed Financing

• Lonestar Data Holdings, a St Petersburg, FL-based space startup, raised $5M in Seed funding
• The round was led by Scout Ventures and joined by Seldor Capital, 2 Future Holding, The Veteran Fund, Irongate Capital, Atypical Ventures, and KittyHawk Ventures
• The company intends to use the funds to accelerate its growth and expand its offerings to meet the needs of its clients around the world
• The company works to extend terrestrial data services to the Moon for both the terrestrial archival market and to support space operations with data analytics, archival services and broadband relay to terrestrial public and private clouds
• The company is scheduled to launch a series of data centers to the lunar surface in 2023