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General Galactic

Develops spacecraft propulsion and CO2-to-fuel tech

Overview

General Galactic develops technologies for space and energy, including spacecraft and propulsion systems, with its Genesis modular hardware that converts captured CO2 and green hydrogen into fossil-free fuels for both Earth and space use. It plans to sell these fuels and license the Genesis technology, while also providing advanced mobility solutions for space missions. Genesis is a modular system that turns CO2 and hydrogen into sustainable fuels, designed for terrestrial and orbital applications. The company's goal is to advance the clean energy transition by providing fossil-free fuels and propulsion, growing through sales, licensing, and deployments.

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About General Galactic

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Industries

HardwareIndustrial & ManufacturingEnergyAerospace

Company Size

11-50

Company Stage

Seed

Total Funding

$9.9M

Headquarters

El Segundo, null

Founded

2023

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Funding

Total Funding

$9.9M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
$2.3M
$3M
$8M

Benefits

  • Health Insurance
  • Vision Insurance
  • Dental Insurance
  • Paid Vacation
  • Stock Options

Company News

FinSMEs
Nov 12th, 2024
General Galactic Raises $8M Seed Funding

General Galactic, a fossil-free fuel tech company in El Segundo, CA, raised $8M in seed funding, bringing total funding to $10M. The round was co-led by Harpoon Ventures and Refactor Capital, with participation from others. Funds will accelerate the development of their Genesis technology, which converts CO2 waste into fossil-free natural gas. Founded by ex-SpaceX engineers, the company aims to deploy Genesis modules by 2025, with fuel reservations available now.

TechCrunch
Apr 22nd, 2024
Exclusive: General Galactic emerges from stealth to make methane from carbon dioxide | TechCrunch

The stealthy new startup hopes a fully integrated approach, from direct air capture to electrolysis and methane generation, will let it drive prices down for so-called e-fuels.

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