HyPrSpace €21M Series A Paves a Pathway to Launch
The Baguette is just a starter dish.
Stories about how space companies are raising money to take on next-gen missions.
The Baguette is just a starter dish.
Eclipse led the round, which also included participation from Woodline Partners, Principia Growth, XN, Alsop Louie Partners, and others.
Infinite Orbits, a French satellite servicing company, announced yesterday that it has brought in a €40M ($46.3M) round of financing to support its trek toward deployment.
French satellite manufacturer U-Space closed a €24M ($27.8M) Series A to boost its satellite manufacturing capacity.
LambdaVision said the funding will allow it to continue operations through 2027, including scaling up manufacturing in LEO for artificial retinas. Seven Seven Six and Aurelia Foundry Fund led the round, which also included participation by Seraphim Space.
Reflex will use the capital to expand the manufacturing capacity at its facility in Bavaria, which will be able to churn out 60 to 70 highly complex satellites per year, according to CEO Walter Ballheimer.
The round, announced on Thursday, included participation from Riot Ventures, Google Ventures, Lux Capital, the European Innovation Council Fund, and Shrug Capital.
Payload spoke with a handful of venture capital firms on the continent, and the overwhelming sentiment was the same: Startups are going to be just fine.
Europe is still waiting on reliable access to space. Investors are keen on shortening that wait.
The round, which brings Stoke’s total fundraising to $990M, will enable the launcher to boost production of Nova, complete its work at Launch Complex 14 at Cape Canaveral Space Force Station, and prepare for its expected high launch cadence.
Seraphim, a London-based venture capital firm founded in 2016, has established Seraphim Space Europe GmbH in Berlin to broaden its investment in the European space ecosystem outside of the UK.
K2 has locked in $195M in funding without even flying an orbital mission. Its first customer mission, Gravitas, is planned for next year.