What is Lonestar?
Founded in 2021 and headquartered in St. Petersburg, FL, Lonestar specializes in providing cloud data center and archival services tailored for the unique demands of space operations. The company aims to offer robust and secure data management solutions for the space industry, addressing the critical need for reliable infrastructure in orbit and for space-derived data. Lonestar's focus on this niche market positions it as a key player in supporting the expanding ecosystem of satellite operators, space exploration initiatives, and Earth observation services.
How much funding has Lonestar raised?
Lonestar has raised a total of $10.8M across 3 funding rounds:
Angel/Seed
$5M
Angel/Seed
$5M
Other Financing Round
$825K
Angel/Seed (2022): $5M with participation from 2future Holding and Seldor Capital
Angel/Seed (2023): $5M led by 2future Holding, Scout Ventures, Seldor Capital, and Irongate Capital
Other Financing Round (2023): $825K, investors not publicly disclosed
Key Investors in Lonestar
2future Holding
2Future Holding is a Future Capital firm focused on connecting people, ideas, and transformative businesses across technology, health, green initiatives, and lifestyle sectors, aiming to inspire transformation and promote a thriving future.
Scout Ventures
Scout Ventures is an early-stage venture capital firm specializing in frontier technologies such as AI, robotics, drones, autonomous mobility, AR/VR, advanced materials, cybersecurity, quantum computing, and space, aiming to support hard-to-access founders.
Seldor Capital
Seldor Capital invests in startups focused on space technologies and their applications, aiming to support the growth of the emerging space economy and foster sustainable development through innovative space-based solutions.
What's next for Lonestar?
With its recent major strategic investment and substantial overall backing, Lonestar is poised for significant expansion. The company is likely to leverage this capital to enhance its technological capabilities, scale its infrastructure, and broaden its service offerings to meet the growing demand for space-based data solutions. Future developments may include strategic partnerships, further technological innovation in data archival and processing for space environments, and an increased market presence to support the global space economy's evolving needs.
See full Lonestar company page
