Firehawk Aerospace extends seed funding to $2.5 million with $1.2 million from Harlow Capital TechCrunch 1/29/2021 Darrell Etherington
Rocket fuel technology startup Firehawk Aerospace has added $1.2 million to its existing seed financing, bringing the full amount invested in the round to $2.5 million. The new tranche comes from Harlow Capital Management, a Dallas-based firm run by Colby Harlow, who will join Firehawk s Board of Directors as part of the deal.
Firewhawk, which was a finalist in our first-ever all-virtual Startup Battlefield at TC Disrupt last September, has developed a new kind of hybrid rocket fuel that greatly enhances rocket launch safety, cost and transportation using additive manufacturing (basically, the grown-up version of 3D printing). Hybrid rocket fuel (which combines aspects of both liquid and solid propellants used previously) isn t new, but past technology has been unable to compete on cost and efficacy relative to existing non-hyb