'Moon Express, a company competing in the Google Lunar X-Prize, has raised $20 million in a Series B-1 round and announced that they’ve now fully financed their maiden mission to the moon.
'In July of 2016, Moon Express became the first private company in history to receive permission to travel to the moon. The company plans to launch their MX-1E spacecraft to the Moon at the end of 2017 with the goal of winning the $20 million grand prize in the X-Prize competition.
“We now have all the resources in place to shoot for the Moon. Our goal is to expand Earth’s social and economic sphere to the Moon, our largely unexplored eighth continent, and enable a new era of low cost lunar exploration and development for students, scientists, space agencies and commercial interests.” Bob Richards, co-founder and CEO of Moon Express'If successful, Moon Express would become the first private company and the fourth entity in history to soft-land on the moon. The first three entities were all government-funded superpowers from the U.S., USSR and China.'