About Prime Lightworks
Prime Lightworks is a company based in Culver City (United States) founded in 2015.. Prime Lightworks has raised $120 thousand across 3 funding rounds from investors including Y Combinator. Prime Lightworks offers products and services including Reusable Rocket Launch Vehicle. Prime Lightworks operates in a competitive market with competitors including Exotrail, Avio, Ursa Major, IRP Systems and Bellatrix Aerospace, among others.
- Headquarter Culver City, United States
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Sectors
Aerospace, Defense & MaritimeTransportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Prime Lightworks Inc.
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Annual Revenue
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Net Profit
$-396.33 K22as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$120 K (USD)
in 3 rounds
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Latest Funding Round
$250 K (USD), Debt – Conventional
May 11, 2017
- Investors
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Employee Count
Employee Count
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Products & Services of Prime Lightworks
Prime Lightworks offers a comprehensive portfolio of products and services, including Reusable Rocket Launch Vehicle. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Launches small satellites using green hydrogen for zero-emissions flights
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Funding Insights of Prime Lightworks
Prime Lightworks has successfully raised a total of $120K across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $250 thousand completed in May 2017. 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 3
- Last Round Debt – Conventional — $250,000
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First Round
First Round
(01 Jun 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Debt – Conventional - Prime Lightworks | Valuation |
investors |
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| Aug, 2016 | Amount | Debt – Conventional - Prime Lightworks | Valuation |
investors |
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| Jun, 2016 | Amount | Seed - Prime Lightworks | Valuation |
investors |
| 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 |
investors |
Investors in Prime Lightworks
Prime Lightworks has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. 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 startups are accelerated via funding and educational programs.
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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 Prime Lightworks
| 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 - Prime Lightworks
| 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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Prime Lightworks Comparisons
Competitors of Prime Lightworks
Prime Lightworks 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 Exotrail, Avio, Ursa Major, IRP Systems and Bellatrix Aerospace, 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 |
Mobility solutions for small satellites are developed and provided.
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| domain | founded_year | HQ Location |
Space propulsion components, systems, and satellite launch adapters are developed.
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| domain | founded_year | HQ Location |
Ursa Major is engaged in developing propulsion and defense systems.
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| domain | founded_year | HQ Location |
Software-defined electric powertrain systems for micromobility are provided.
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| domain | founded_year | HQ Location |
Manufacturer of electric and green satellite propulsion systems
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| domain | founded_year | HQ Location |
Plasma propulsion systems for small satellites are developed and manufactured.
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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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Frequently Asked Questions about Prime Lightworks
When was Prime Lightworks founded?
Prime Lightworks was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Prime Lightworks located?
Prime Lightworks is headquartered in Culver City, United States. It is registered at Culver City, California, United States.
Is Prime Lightworks a funded company?
Prime Lightworks is a funded company, having raised a total of $120K across 3 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Jun 01, 2016.
What does Prime Lightworks do?
Prime Lightworks was founded in 2015 and is based in Culver City, United States. Operations focus on the aerospace sector, where electric propulsion systems for space satellites are developed and manufactured. Propellant-based systems are intended to be replaced by radio frequency resonant cavity thrusters, through which electric energy is directly converted into thrust. This approach is aimed at reducing satellite carbon footprints and payload weights by eliminating fuel requirements.
Who are the top competitors of Prime Lightworks?
Prime Lightworks's top competitors include Exotrail, Avio and IRP Systems.
What products or services does Prime Lightworks offer?
Prime Lightworks offers Reusable Rocket Launch Vehicle.
Who are Prime Lightworks's investors?
Prime Lightworks has 1 investor. Key investors include Y Combinator.