K2 Space Raises $250M Series C
K2 Space announced yesterday that it secured a $250M Series C ahead of its first satellite launch early next year.
Stories about how space companies are raising money to take on next-gen missions.
K2 Space announced yesterday that it secured a $250M Series C ahead of its first satellite launch early next year.
The inaugural Space Investment Conference kicked off in London this week, bringing together founders and investors to discuss the financial future of the space industry—which now has more money than ever.
AnySignal announced this morning that it closed a $24M Series A, and is moving into a larger manufacturing facility to jumpstart production of its radio products for space and defense clients.
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.