SpinLaunch, a company that aims to turn the launch industry on its head with a wild new concept for getting to orbit, has raised a $35M round B to continue its quest.

The team has yet to demonstrate their kinetic launch system, but this year will be the year that changes, they claim.

TechCrunch first reported on SpinLaunch’s ambitious plans in 2018, when the company raised its previous $35 million, which combined with $10M it raised prior to that and today’s round comes to a total of $80M.

With that kind of money you might actually be able to build a space catapult.

The funding round was led by previous investors Airbus Ventures, GV, and KPCB, as well as Catapult Ventures, Lauder Partners, John Doerr and Byers Family. | To read full story, visit https://startuparound.com/read/1579222807.5928147/SpinLaunch-spins-up-a-$35M-round-to-continue-building-its-space-catapult-–-TechCrunch?ref=audio_experience