Venture Capital
Boeing’s HorizonX venture capital arm is participating in a $19.3 million Series B funding round for Myriota, an Australian startup that’s building a satellite constellation for the Internet of Things. This marks Boeing’s second investment in the company. The new round is led by Hostplus and Main Sequence Ventures, with Boeing joining other investors that include In-Q-Tel, Right Click Capital, Singtel Innov8, South Australian Venture Capital Fund and former Australian Prime Minister Malcolm Turnbull. Myriota’s total funding has reached more than $37 million, including the $15 million Series A round that included Boeing in 2018.