Tracker Capital Management has led a $42m series C round for Accion Systems, acquiring a majority stake in the MIT-linked company in the process.

Accion Systems, a US-based developer of in-space propulsion systems based on research at Massachusetts Institute of Technology, has raised $42m in a series C round led by an affiliate of VC firm Tracker Capital Management. Tracker Capital acquired a majority stake in Accion Systems as part of the transaction. Founded in 2014, Accion Systems is…

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