[yokem55]

They've had multiple private VC rounds. They also have had several milestone based development contracts from the government to develop capabilities (iss cargo and crew mainly) while charging the government less to do that dev work then their competitors bid.

[basementcat]

Several of the investment rounds included participation from In-Q-Tel, the CIA's venture capital arm.

[JumpCrisscross]

> Several of the investment rounds included participation from In-Q-Tel, the CIA's venture capital arm

Not a significant source of capital. NASA COTS was Hawthorne’s public-money shot in the arm.