Sponsored Startup News: Inversion Space Company raises $10M to develop 'return vehicle' for space cargo

Inversion, a room startup dependent in Los Angeles, announced Nov. 16 it has raised \\\$10 million in seed funding to create a reentry capsule to provide cargo from space back again to Earth. 

Like many startups, Inversion was launched in a garage. Fiaschetti said he and Briggs, who designed rocket engines at Boston University, spent five months building a rocket engine using woodworking tools. “That helped us build momentum and raise capital.”

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