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Accion Systems, the company developing miniature space propulsion systems, has raised $7.5 million in Series A funding led by Shasta Ventures. RRE Ventures, Founder Collective, and Slow Ventures also participated in the round. The company had previously raised $2 million from seed funding and $6.5 million from partnerships with the Department of Defense. While perhaps best known for their…
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Source: TechCrunch