Investors provide a $26.5M lift for World View stratospheric balloon venture

News Brief: Arizona-based World View says it has closed a $26.5 million Series C financing round, led by Accel with participation from previous investors Canaan and Norwest Venture Partners. The funding will help World View accelerate work on its Stratollite system, a low-cost, balloon-borne platform that can provide satellite-type services. World View also says it executed a high-altitude balloon research mission for NASA Ames Research Center and Space Environment Technologies on Thursday. The mission focused on studying radiation levels at different altitudes.

World View balloon
World View sends up a Z-Class stratospheric flight vehicle to conduct research on radiation level for NASA Ames Research Center and Space Environment Technologies. (World View Photo)

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