Fundraising Fox

Aethero

Grand Forks, US · Founded 2023 · Delaware corporation · 6 known investors

Aethero designs and manufactures space-rated, high-performance edge computing modules and distributed computing platforms for spacecraft ranging from CubeSats to orbital data centers and space stations. It offers compute-as-a-service hardware, onboard operating systems, and AI/ML software for processing imagery and sensor data on orbit, serving applications in insurance, agriculture, real estate, and defense.

AI & Machine LearningHardwareSpace Tech

Founders & leadership

Aethero was founded in 2023 by Josh Klug and Matt Dunlevy.

JK
Josh KluginCo-founder
MD
Matt DunlevyinCo-founder

Investors · 6

Kindred VenturesSan Francisco · $250K – $2M
Service Provider CapitalVail
Alumni Venturesreported · 2 sourcesManchester · $100K – $10M

Also in the syndicate · 3

Giant StepNeoO’Shaughnessy Ventures

Funding

SEC filings, press & company announcements

$8.8M disclosed across 2 of 3 rounds · 2021–2025

▶$441.2KraisedJul 2023 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Josh KlugExecutive Officer, Director, Promoter
  • Matt DunlevyExecutive Officer, Director, Promoter
Offering amount
$1.4M
Amount sold
$441.2K
First sale
Feb 2021
Incorporated
Corporation, Delaware, 2023
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap
Capella Space13 shared keywordsCapella Space designs, builds, and operates synthetic aperture radar (SAR) satellite constellations that provide all-weather, day-and-night Earth observation imagery at sub-0.25m resolution. It offers an automated end-to-end tasking and data delivery platform serving defense and intelligence, maritime, disaster response, and infrastructure monitoring customers.
Afero6 shared keywordsAfero develops an IoT platform that enables manufacturers to build and secure connected devices across consumer, industrial, and enterprise applications. The platform powers millions of devices for 200+ product categories and provides security, reliability, AI-ready data, and over-the-air update capabilities.

Companies competing with Aethero for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Aethero Purchases Power From Star Catcher To Actualize Advanced Computing In Orbitprnewswire.com · Aug 2026Star Catcher signs power-beaming deal with Aethero - SpaceNewsspacenews.com · Aug 2026Space Computing Startup Aethero Raises $8.4M Seed Round - Via Satellitesatellitetoday.com · Jun 2025Aethero Raises $8.4M in Fundingfinsmes.com · Jun 2025Yahoo | Aethero Raises $9.5M - Aetheroaethero.com · Jun 2025Aethero Secures $8.4M to Build the Next Generation of Space-Based Computing and Autonomous Spacecraftfinance.yahoo.com · Jun 2025

Frequently asked questions

What does Aethero do?
Aethero designs and manufactures space-rated, high-performance edge computing modules and distributed computing platforms for spacecraft ranging from CubeSats to orbital data centers and space stations. It offers compute-as-a-service hardware, onboard operating systems, and AI/ML software for processing imagery and sensor data on orbit, serving applications in insurance, agriculture, real estate, and defense.
Who founded Aethero?
Aethero was founded by Josh Klug, Matt Dunlevy in 2023.
Who are Aethero's investors?
Aethero's investors include Kindred Ventures, Service Provider Capital, Alumni Ventures.
How much funding has Aethero raised?
Aethero has disclosed $8.8M raised across 2 of its 3 known rounds.
Where is Aethero headquartered?
Aethero is headquartered in Grand Forks, US.