Xona key facts
as of Oct 2026- Developer of space systems designed for the smart transportation and infrastructure industries.
- Xona is valued at approximately $787.0M as of Oct 2026, set at its later-stage round, Mar 2026; nothing has traded since, per PrivateMarketView’s mark.
- It has raised $304.0M across 4 recorded rounds; the latest was Series C ($170.0M) in Mar 2026.
- Notable investors include Plug and Play Tech Center, Creative Destruction Lab, US National Science Foundation, Mana Ventures, Gaingels — 53 tracked in total.
- Status: Privately Held (backing).
Valued at $787.0M at its later-stage round, Mar 2026. Nothing has traded since.
- ·The complete investor list: 53 names
- ·Watch Xona: the Monday email on marks, rounds and moves
Xona funding rounds
4 roundsXona leadership
- Brian ManningCo-Founder & Chief Executive Officer
- Tyler ReidCo-Founder & Chief Technology Officer
- Jay WakenshawChief Operating Officer
- Christina YounGeneral Counsel & VP of External Affairs
Who backs Xona
53+Xona valuation
Xona was valued at $787 million at its later-stage round in Mar 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.
How much has Xona raised?
Xona has raised $304 million across 4 recorded rounds since 2020. The largest was a $92 million Series B in Jun 2025; the most recent was a $170 million Series C in Mar 2026.
Xona investors
53 investors are on record for Xona, including Plug and Play Tech Center, Creative Destruction Lab, US National Science Foundation and Mana Ventures. By type, the record holds 24 venture capital firms and 2 family offices.
Who runs Xona
5 people are listed on the Xona team: 5 executives, including Adrien Perkins (Co-Founder) and Brian Manning (Co-Founder). 2 of them have a verified direct contact on file.
Comparable companies
Comparable aerospace names by valuation on PrivateMarketView: Hubble Network ($1.6 billion), Umbra ($869 million) and Northwood Space ($450 million).
About Xona
Developer of space systems designed for the smart transportation and infrastructure industries. The company's systems include a constellation of low-cost, low-earth orbiting satellites to offer higher availability and location precision, enabling businesses to have navigation for autonomous vehicles, unmanned aerial vehicles, mobile robotics, and other location-critical applications.
- Industry
- Aerospace
- Sector
- Business Products and Services (B2B)
- HQ
- Burlingame, CA, United States
- Founded
- 2019
- Employees
- 69
- Website
- xonaspace.com/
- Ownership
- Privately Held (backing)
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