Interlune's Lunar Ambitions Shine Bright with $18M in Seed Funding

March 20, 2024, 9:35 am
Interlune
Total raised: $18M
Interlune, a Seattle-based natural resources company, has secured a stellar $18 million in Seed funding. Led by Seven Seven Six, this round includes support from Aurelia Foundry Fund, Gaingels, Liquid 2 Ventures, Shasta Ventures, and a dedicated group of University of Michigan alumni.

Founded by former Blue Origin President Rob Meyerson, Chief Architect Gary Lai, and Apollo 17 Astronaut Harrison H. Schmitt, Interlune is on a mission to extract Helium-3 and other valuable resources from the Moon. Their cutting-edge technology promises a sustainable and responsible approach to space resource harvesting.

With a focus on commercializing lunar resources, Interlune aims to revolutionize industries such as national security, quantum computing, medical imaging, and fusion energy. Helium-3, abundant on the Moon but scarce on Earth, holds immense potential for these markets.

The company's innovative lunar harvester sets it apart, offering a smaller, lighter, and more energy-efficient solution for extracting resources from the lunar soil. This technology not only reduces costs but also paves the way for establishing an in-space economy.

As Interlune sets its sights on the stars, the $18 million in Seed funding marks a significant step towards realizing their vision of a sustainable future powered by resources from space. With a stellar team and groundbreaking technology, Interlune is poised to lead the way in the new frontier of space resource utilization.