Venus Detonation Ramjet
A propulsion system combining rotating-detonation rocket and ramjet technologies.
Maturity not rated
Startup · United States
Venus Aerospace
HQ United States
A generational improvement in rocket engine technology, Venus Aerospace’s RDRE & VDR deliver unmatched efficiency, scalability, and performance for defense, space, and commercial high-speed flight.
Funding4 rounds · $130M
- Equity raised
- $130M
- Latest
- $91.0MSeries B · Jul 8, 2026
- Last valuation
- $778MPost-money · Series B · Jul 8, 2026
Jan 8, 2021Jul 8, 2026
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Jul 8, 2026 | Series B | $91.0M | $778M | Mercury Fund | Airbus Ventures, America's Frontier Fund, Draper Associates, Green Sands Equity, Lockheed Martin Ventures, MESH, PEAK6 | Reported |
| May 22, 2023 | Undisclosed | $15.9M | — | — | Airbus Ventures | Confirmed |
| Apr 5, 2022 | Series A | $20.0M | — | Prime Movers Lab | Boost VC, Cantos, Draper Associates, Tamarack Global | Confirmed |
| Jan 8, 2021 | Seed | $3.0M | — | — | — | Reported |
- Series BLed by Mercury FundWith Airbus Ventures, America's Frontier Fund, Draper Associates, Green Sands Equity, Lockheed Martin Ventures, MESH, PEAK6Valuation $778M$91.0MJul 8, 2026
- $15.9MMay 22, 2023
- $20.0MApr 5, 2022
- Seed$3.0MJan 8, 2021
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems2
Newest unveiled first. Open a system for its milestone timeline, components and sources.
People3
- Andrew Duggleby
CTO and co-founder
- Sassie Duggleby
CEO and co-founder
- Tom Barron
Chief Operating Officer
Sources10
Profile1
- 1
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "USA", "hq_iso2": "US", "id": "e367bc68-5ac5-4f6b-816f-759fc2023c47"}”
Systems1
- 2
Venus Aerospace · Supports Organization · description, Organization · name, Organization · website, System
“A generational improvement in rocket engine technology, Venus Aerospace’s RDRE & VDR deliver unmatched efficiency, scalability, and performance for defense, space, and commercial high-speed flight.”
Funding7
- 3
Multiples · Jul 8, 2026 · Supports Funding round, Funding round · post money valuation usd
“Airbus Ventures (an existing investor since June 2023)”
- 4
SpaceNews · Jul 8, 2026 · Supports Funding round · amount, Organization · ownership
“said July 8 it raised $91 million in a Series B funding round”
- 5
TechCrunch · Jul 8, 2026 · Supports Funding round
“The funding round was led by Mercury Fund and saw participation from Lockheed Martin Ventures, MESH, PEAK6”
- 6Regulatory filingVenus Aerospace Corp. - SEC Form D (0001812508-23-000002)
U.S. Securities and Exchange Commission · Jun 6, 2023 · Supports Funding round · amount
“Total Amount Sold $15,928,461 USD”
- 7Regulatory filingVenus Aerospace Corp. - SEC Form D (0001812508-22-000001)
U.S. Securities and Exchange Commission · Apr 12, 2022 · Supports Funding round · amount
“Total Amount Sold $29,174,807 USD”
- 8
PR Newswire · Apr 5, 2022 · Supports Funding round, Funding round · amount
“Draper Associates, Boost, Saturn 5, Seraph Group, Cantos, The Helm & Tamarack Global”
- 9Regulatory filingVenus Aerospace Corp. - SEC Form D (0001812508-21-000001)
U.S. Securities and Exchange Commission · Jan 22, 2021 · Supports Funding round · amount
“Total Amount Sold $3,173,499 USD”
People1
- 10CompanyVenus Aerospace | Team
Venus Aerospace · Supports Role
“Tom Barron is the Chief Operating Officer at Venus Aerospace.”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.