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Basalt

YC W24

San Francisco, US · Founded 2023 · 10 employees · 15 known investors

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Basalt operates managed satellite constellations controlled by artificial intelligence, serving private companies and government agencies that lack aerospace expertise and want to collect and stream satellite imagery and data to their devices.

Also known as Basalt Technologies Corp. · Basalt Tech

Advanced ManufacturingAI & Machine LearningSpace TechSatellitesAerospaceAutomationDefenseAIUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (W24)

Basalt was founded in 2023 by Maximillian Bhatti.

MBMaximillian Bhatti
Maximillian BhattiCo-Founder, CEOMaximillian Bhatti worked at MIT AeroAstro on CubeSat missions, The Aerospace Corporation, and SpaceX on distributed space systems and lunar programs before co-founding Basalt.
AC
Alex Choi

Investors · 15

Initialized Capitallisted by Initialized CapitalSan Francisco · $1M – $5M

How we know: Y Combinator's founder network · initialized.com · Not right? Tell us

New Enterprise Associates (NEA)listed by New Enterprise Associates (NEA)Menlo Park · $200K – $40M

How we know: New Enterprise Associates (NEA)'s portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Peaklisted by PeakAmsterdam · $275K – $4.4M

How we know: Peak's portfolio page · funding news · open dataset · 5k.vc investor directory · Not right? Tell us

SBXilisted by SBXiCambridge · $10K – $1M

How we know: Y Combinator's founder network · Not right? Tell us

Transpose Platform Managementlisted by Transpose Platform ManagementSan Francisco

How we know: Transpose Platform Management's portfolio page · Y Combinator's founder network · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us

Brave CapitalreportedSan Rafael

How we know: Y Combinator's founder network · Not right? Tell us

Entourage Venturesreported

How we know: a partner's Signal profile · Not right? Tell us

General CatalystreportedSan Francisco · $30M

How we know: Y Combinator's founder network · Not right? Tell us

Kima VenturesreportedParis · $50K – $5M

How we know: funding news · Not right? Tell us

Liquid VenturesreportedSan Francisco · $250K – $5M

How we know: Y Combinator's founder network · Not right? Tell us

Palm Drive CapitalreportedNew York · $500K – $5M

How we know: Y Combinator's founder network · Not right? Tell us

Thales InvestmentreportedSan Francisco

How we know: Y Combinator's founder network · Not right? Tell us

Unpopular VenturesreportedMiami · $100K – $500K

How we know: Y Combinator's founder network · Not right? Tell us

Funding

SEC filings, press & company announcements

$5M disclosed across 1 of 2 rounds · 2024–2025

Source: company announcements and press reports — follow each round's link for the claim.

Images

Basalt photo

Related companies · 5

WardstoneWardstone designs and plans to deploy a constellation of satellites equipped with sensors and kinetic interceptors to detect, predict, and counter hypersonic and ballistic missiles for U.S. military defense agencies. The system, called the Golden Dome, is intended to provide global missile defense capabilities across multiple domains of conflict for the Space Force, Air Force, Navy, and Missile Defense Agency.
Inflection Space SystemsInflection Space Systems operates high-volume factories designed to produce tens of thousands of spacecraft per year. It supplies commercial and government customers in the space industry.
ExosatExosat designs and builds low-Earth-orbit satellite constellations for sovereign operators, offering direct-to-cell, IoT, and broadband connectivity. It uses ITAR/EAR-free supply chains to let operators lease network capacity or buy turnkey constellations, serving enterprise customers across sectors like maritime, aviation, logistics, and agriculture.
ElodinElodin provides a cloud-based simulation platform for building autonomous systems, targeting developers and engineers creating satellites, drones, and robots. The company aims to make advanced autonomy tooling accessible and affordable to innovators in aerospace and robotics.
RadicalRadical Aero builds StratoSats, autonomous solar-powered aircraft that operate at 65,000 feet for extended periods to deliver persistent high-performance infrastructure. The company develops stratospheric platforms for communication and data services.

Companies working in the same space as Basalt.

Legal entities · 1

corporate structure
Basalt Technologies Corp.

In the news

Basalt Raises $3.5M in Seed Fundingfinsmes.com · May 2024Basalt Tech - Windows for Spacecraftycombinator.com · Mar 2024

Frequently asked questions

What does Basalt do?
Basalt operates managed satellite constellations controlled by artificial intelligence, serving private companies and government agencies that lack aerospace expertise and want to collect and stream satellite imagery and data to their devices.
Who founded Basalt?
Basalt was founded by Maximillian Bhatti in 2023.
Who are Basalt's investors?
Basalt's investors include Cortado Ventures, Initialized Capital, New Enterprise Associates (NEA), Peak, SBXi, Transpose Platform Management, Y Combinator, Brave Capital and 7 more.
How much funding has Basalt raised?
Basalt has disclosed $5M raised across 1 of its 2 known rounds.
Where is Basalt headquartered?
Basalt is headquartered in San Francisco, US.