Xona

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

Who backs Xona?

53 investors
InvestorType
Plug and Play Tech Center—
Creative Destruction LabOther
US National Science FoundationOther
Mana VenturesVenture capital
GaingelsVenture capital
University of TorontoOther
Samsung NEXT VenturesVenture capital
AWS StartupsOther
University of Toronto EntrepreneurshipOther
Raptor GroupVenture capital
+ 43 more investors · a free account shows the complete list
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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.

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