Lumen Orbit's $10 million seed round, driven by significant VC interest, showcases its ambitious goal of establishing a scalable network of space-based data centers.
The startup plans to launch its demonstrator satellite in 2025, collaborating with Nvidia's Inception program, making strides towards its lofty mission.
With data centers projected to consume 9% of U.S. energy by 2030, Lumen Orbit addresses the urgent need for innovative data solutions.
Despite challenges in customer adoption, venture capitalists are willing to invest in startups like Lumen that propose unique solutions to pressing problems.
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