Aerospace · Burlingame, CA · Founded 2019 · Privately Held (backing)
Developer of space systems designed for the smart transportation and infrastructure industries. Xona is based in Burlingame, CA and was founded in 2019. It was valued at $787 million at its later-stage round in Mar 2026, the last priced event on record. It has raised $304 million across 4 recorded rounds; the latest was a $170 million Series C in Mar 2026.
PMV mark · valuation
$787.0M
Oct 2026
Priced at
its later-stage round
Mar 2026
Total raised
$304.0M
Last round
Series C
Mar 2026
Cap table — not yet on record
Xona's share-class structure hasn't surfaced in our sources yet. Cap tables are assembled from certificates of incorporation, round filings, and disclosures as they land.
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·The complete investor list: 53 names
·Watch Xona: the Monday email on marks, rounds and moves