Silicon Valley Bank (SVB), now a division of First Citizens Bank, was a commercial bank specializing in providing financial services, including investments and loans, to technology, startup, and venture capital-backed companies. SVB played a vital role in funding startups and early-stage companies, offering venture debt and traditional banking services. While not a space-specific entity, SVB supported numerous space companies like Rocket Lab, Astra, and Planet Labs, and venture capital firms investing in the space industry. It also participated in debt financing rounds for space ventures.
All verified mentions of this organization in source documents.
The acquisition included a debt facility provided by Silicon Valley Bank, Pinegrove Venture Partners, and Hercules Capital.
Silicon Valley Bank, Pinegrove Venture Capital Partners, and Hercules Capital, Inc. provided the mezzanine debt financing.
Stoke Space has secured a $100 million debt facility led by Silicon Valley Bank.
Silicon Valley Bank led a $100 million debt facility in conjunction with the Series D funding round.
The Series D funding round was led by Thomas Tull’s US Innovative Technology Fund in conjunction with a $100 million debt facility from Silicon Valley Bank.
Silicon Valley Bank, a division of First Citizens Bank, provided $40,000,000 in debt financing to HawkEye 360.
On 2024-04-02, HawkEye 360 secured $40,000,000 in debt financing from Silicon Valley Bank, a division of First Citizens Bank.
Silicon Valley Bank will provide financing to HawkEye 360 to support the company’s growth strategy.
Rocket Lab had an aggregate balance with Silicon Valley Bank of approximately $38 million, representing approximately 7.9 percent of its total cash, cash equivalents, and marketable securities as of 2022-12-31, in a 2023-03-10 SEC filing.
Silicon Valley Bank, Trinity Capital, and Henry Kravis invested in Space Perspective's recent $17,000,000 funding round.