Startups raise millions for lunar rovers and asteroid mining

Two startups recently raised a combined $25 million in seed rounds to advance plans for lunar and asteroid missions, showing continued interest in space startups despite broader market uncertainty. Lunar Outpost announced May 24 it raised a $12 million seed round from several investors. Explorer 1 Fund led the round with participation from Promus Ventures, Space Capital, Type 1 Ventures and Cathexis Ventures.
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