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SpaceX Alum's Startup Lands $50M Boost

18 Feb

Summary

Mesh Optical Technologies secured $50 million in funding.
Thrive Capital led the investment round.
The company plans to scale US manufacturing of its tech.

Mesh Optical Technologies, a burgeoning startup specializing in hardware designed for high-speed data transfer within data centers, has secured a significant funding injection of $50 million. The investment round was prominently led by Thrive Capital, a notable venture capital firm.

Travis Brashears, CEO of Mesh Optical Technologies and a former SpaceX employee, announced the company's strategic objective to scale up the manufacturing of its innovative technology. This expansion is planned to take place domestically within the United States, highlighting a commitment to onshore production and technological advancement. The substantial funding is expected to accelerate product development and market penetration for Mesh Optical Technologies.

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