Xona raises $250 million in Series D round with Seraphim participation

• Xona raised $250 million in Series D funding at a $2.45 billion valuation.
• Steve Jurvetson’s Future Ventures led the round, with participation from Seraphim.
• The financing brings Xona’s total capital raised to more than $570 million.
• Xona is developing Pulsar, a commercial satellite navigation network designed to complement GPS with centimeter-level positioning.
• Six Pulsar satellites launched on October 20, moving Xona toward early commercial service in 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seraphim Space (Manager) LLP published the original content used to generate this news brief on October 22, 2026, and is solely responsible for the information contained therein.