Akash Systems

About

Akash Systems is focused on developing and supplying the next generation of communications gear for space satellites.

San Francisco,California,United States
11 - 50
https://akashsystems.com/

Highlights

Details

Last Funding Type: Series B
Industries: Aerospace,Information Technology,Manufacturing,Satellite Communication,Space Travel
Founded date: Jan 1, 2016
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Akash Systems, Inc.

Akash Systems is focused on developing and supplying the next generation of small satellites (CubeSats), satellite transmitters, and the RF Power Amplifiers. The company uses new composite material, gallium nitride (GaN)-on-Diamond, invented by Akash cofounder Ejeckam, for their products.

GaN-on-Diamond provides a cooler state of operation which improves energy efficiency and reduces a system's size, weight, and operating costs.

Akash Systems was founded in 2016 by Felix Ejeckam and Ty Mitchell and is headquartered in San Francisco, CA.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

8

$17.60M

Akash Systems has raised a total of $17.60M in funding over 2 rounds. Their latest funding was raised on Jul 31, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jul 31, 2022	Series B	—	1	—	—	Detail
Oct 1, 2020	Series Unknown	—	1	—	—	Detail
Jul 31, 2020	Series A	—	2	—	—	Detail
Dec 2, 2019	Convertable Note	—	—	—	—	Detail
Jul 10, 2019	Series A	$14.50M	7	Khosla Ventures	—	Detail

Investments

Number of Investments

Number of Lead Investments

12

2

Akash Systems has made 12 investments. Their most recent investment was on Dec 13, 2021, when thirdweb raised $5M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Dec 13, 2021 thirdweb	Seed	$5M	Blockchain	—
Oct 28, 2021 nft42	Seed	$3.50M	Art	—
Sep 28, 2021 Roll	Series A	$10M	Apps	—
Sep 13, 2021 RECUR	Series A	$50M	Blockchain	Yes
Apr 15, 2021 Pearpop	Seed	$6M	Internet	—

Investors

Number of Lead Investors

Number of Investors

2

18

Akash Systems is funded by 18 investors. Khosla Ventures and Embedded Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
Khosla Ventures	Yes	Series A
Embedded Ventures	—	Series B
Bracket Capital	—	Series Unknown
10X Capital	—	Series A
Raghav Gupta	—	Series A
ACME Capital	—	Series A
Bossanova Investimentos	—	Series A
Christer Andersson	—	Series A
Correlation Ventures	—	Series A
Founders Fund	—	Series A