General Purpose Venture Capital (GPVC) is a venture capital firm based in Boston that invests in companies with leading technologies pursuing large commercial end markets. Within the space industry, GPVC focuses on companies involved in areas like artificial intelligence, cybersecurity, data, and scalable solar technology for space applications. They have invested in companies like Solestial, which develops breakthrough solar technology for space. GPVC often looks for companies with capabilities relevant to national security priorities.
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Solestial, Inc. closed an oversubscribed $10,000,000 equity financing round led by Airbus Ventures that was joined by AEI HorizonX, GPVC, Stellar Ventures, Industrious Ventures, and others.