The Venture Codex

Led · Equity · Oct 2024

Acquired.com provides a single‑integration payments platform that supports Card Processing, Direct Debit, Pay by Bank and Real‑Time Payments. The company leverages proprietary technology offering flexible integration options and real‑time insights for customers. It is part of Quint, a fintech group that builds and scales payments and credit solutions, and is led by CEO Greg Cox. Acquired.com recently appointed Eline Blomme as Chief Strategy and Product Officer to steer product and strategic direction. The business secured £4 million in new funding to supercharge growth and enhance its four core payment pillars. The company acknowledges a competitive and changing regulatory landscape but intends to use the investment to accelerate product development and market expansion.

Participated · Series B · Aug 2018

Terran Orbital is a Boca Raton, Florida-based contract manufacturer designing and building satellites for U.S. government and commercial customers. The company estimates around 95% of its work supports the Department of Defense and NASA. Terran pivoted from plans to launch and operate its own PredaSAR SAR constellation to offering SAR technology and satellite components and subassemblies as products. It announced plans to build a $300 million space vehicle manufacturing facility in Irvine, California, relocating the project from an earlier Florida plan to access facilities faster. Terran is a public company that went public via a SPAC merger; its stock briefly rose to $2.62 on Oct. 31 after the Lockheed announcement but is down about 72% year to date. The company says new capital from Lockheed will fund additional assembly space and increased satellite module production as it expands its product offerings. Terran Orbital Corporation provides end-to-end nanosatellite and microsatellite services and solutions for U.S. government agencies and commercial enterprises. Founded in 2013 by Marc Bell and Tony Previte, the company operates from Irvine, California. It offers design and production capabilities for nanosatellites and microsatellites and is building capacity for large constellations. The company has a new, 40,000 square foot design and production facility that will be capable of supporting the design and production of the largest constellations. Terran Orbital plans to use recent funding to purchase additional manufacturing equipment for that facility and to expand its workforce. The article does not disclose operating metrics or revenues.