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Xona funding, valuation and investors
Commercial satellite navigation and precision timing through its Pulsar low-Earth-orbit constellation.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series D (announcement; exact closing date undisclosed)
$250M · October 22, 2026
Latest known valuation
$2.45B; pre/post-money basis unspecified
Series D (announcement; exact closing date undisclosed) · October 22, 2026
Total disclosed equity funding
$420M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
growth · Burlingame, California, United States
Investors in latest funding
Lead: Future Ventures
Overview
Xona develops Pulsar, a commercial satellite network for positioning, navigation and timing. Its planned service is designed to work alongside existing navigation systems and integrate with compatible receivers. The company announced a $250M Series D led by Future Ventures on October 22, 2026, following a $170M Series C announced March 26. Its October statement reports more than $570M total capital raised since 2019; that cumulative capital figure is not the new-round amount or a verified all-equity total. Valuation basis, current revenue, pricing and profitability were not disclosed in the reviewed announcements.
Why Xona is interesting
Xona announced a $250M Series D led by Future Ventures on October 22, 2026 at a $2.45B valuation. The next test is turning spacecraft deployment and partner trials into dependable, paid navigation and timing service.
Product & use cases
Pulsar broadcasts navigation and timing signals from low Earth orbit. Xona says compatible existing receivers can be upgraded in software. Published performance specifications include expected results for a complete constellation and should not be treated as universal current service guarantees.
- Precision positioning for agricultural robots and autonomous equipment.
- Resilient timing for telecom, financial systems and other infrastructure.
Key facts
- $250M Series D announced October 22, 2026, led by Future Ventures.
- $2.45B disclosed valuation; pre/post-money basis unspecified.
- Six additional satellites launched in October, according to the company; four intended to support customer service in 2027.
Funding history (newest first)
Series D (announcement; exact closing date undisclosed)
2026-10-22 $250M Valuation: $2.45B; pre/post-money basis unspecifiedSeries C (announcement)
2026-03-26 $170M- Mohari Ventures Natural Capital (lead)
- Craft Ventures (participant)
- ICONIQ (participant)
- Woven Capital (participant)
- NGP Capital (participant)
- Samsung NEXT (participant)
- Hexagon (participant)
Investors in our directory
Funds linked from Xona's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
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TrustPoint direct
Developing GPS-independent C-band navigation from low Earth orbit.
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ANELLO Photonics alternative
Onboard inertial navigation using optical gyroscopes; an alternative/complement for navigation when satellite signals are unavailable.
Industries
Market / IPO context
Editorial / static context — not a live quote.
Related funding articles
Venture Capital Tracker pieces that cover Xona's financing or category context.
FAQs about Xona
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