About Planetary Resources
Planetary Resources is a company based in Redmond (United States) founded in 2010 was acquired by Consensys in October 2018.. Planetary Resources has raised $49.58 million across 5 funding rounds from investors including Consensys, Tencent and SNCI. The company has 49 employees as of December 31, 2017. Planetary Resources operates in a competitive market with competitors including Astroscale, Fleet Space, HELIOS, Origin of space and Deep Space Industries, among others.
- Headquarter Redmond, United States
- Employees 49 as on 31 Dec, 2017
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Sectors
Aerospace, Defense & Maritime
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Phone
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Website
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Social
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Funding Insights of Planetary Resources
Planetary Resources has successfully raised a total of $49.58M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $34.78 million completed in November 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $34.8M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2016 | Amount | Series A - Planetary Resources | Valuation | OS Fund | |
| Nov, 2016 | Amount | Series A - Planetary Resources | Valuation |
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| Nov, 2016 | Amount | Grant - Planetary Resources | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Planetary Resources
Planetary Resources has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Consensys, Tencent and SNCI. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage centric sector-agnostic VC firm investing in geographies such as the US
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Founded Year | Domain | Location | |
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VC firm focused on early stage investments in the space economy
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Founded Year | Domain | Location | |
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VC firm investing in seed and early stage companies in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Planetary Resources
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Planetary Resources
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Planetary Resources Comparisons
Competitors of Planetary Resources
Planetary Resources operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Astroscale, Fleet Space, HELIOS, Origin of space and Deep Space Industries, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Satellite solutions for space debris removal are developed.
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| domain | founded_year | HQ Location |
Integrated space-enabled geoscientific data is provided for mineral exploration.
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| domain | founded_year | HQ Location |
Provider of solutions to extract and utilize metals and oxygen for future space exploration
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| domain | founded_year | HQ Location |
Space exploration services and resource utilization in asteroids are provided.
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| domain | founded_year | HQ Location |
Asteroid mining and space resource technologies are developed commercially.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Planetary Resources
Frequently Asked Questions about Planetary Resources
When was Planetary Resources founded?
Planetary Resources was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is Planetary Resources located?
Planetary Resources is headquartered in Redmond, United States. It is registered at Redmond, Washington, United States.
Is Planetary Resources a funded company?
Planetary Resources is a funded company, having raised a total of $49.58M across 5 funding rounds to date. The company's 1st funding round was a Series A of $13.3M, raised on Apr 18, 2012.
How many employees does Planetary Resources have?
As of Dec 31, 2017, the latest employee count at Planetary Resources is 49.
What does Planetary Resources do?
Planetary Resources design and manufactures small satellites and spacecraft that can help space exploration missions to mine and use fuel from asteroids. The company is also working on building identify asteroid for mining purposes. Currently the company is working on futuristic projects like Rocket Propellant, the company intends to use water as propellant source in space; Life Support, working on design to transport large quantities of water to space; and Metal, its long term plan include mining metal and fuel from asteroids. Their spacecraft uses the laser-optical technology for ground communications and hereby reduces bulk over conventional systems.
Who are the top competitors of Planetary Resources?
Planetary Resources's top competitors include Astroscale, Fleet Space and HELIOS.
Who are Planetary Resources's investors?
Planetary Resources has 11 investors. Key investors include Consensys, Tencent, SNCI, OS Fund, and Space Angels.