Tech Company Financing Transactions
Isar Aerospace Funding Round
Isar Aerospace, operating out of Ottobrunn, Bavaria, received $70 million in funding from 10x Group, Airbus Ventures and Bayern Kapital.
Transaction Overview
Company Name
Announced On
6/20/2024
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company said the additional funding will go towards efforts to scale up production of its Spectrum small launch vehicle It announced May 2 plans to develop a new headquarters in the Munich suburb of Vaterstetten, Germany.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
Undisclosed
Ottobrunn, Bavaria, Undisclosed
DE
Ottobrunn, Bavaria, Undisclosed
DE
Phone
Undisclosed
Website
Email Address
Overview
Isar Aerospace was founded in 2018 to lower the entry barriers to space. By pushing the boundaries we are opening space as a platform for future technologies and competitiveness. As a launch service provider for small and medium-sized satellites we create easy access to space for global customers. Offering the first fully privately funded European solution to meet the growing global demand, Isar Aerospace is driving commercial space across all continents.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel Metzler
Chief Financial Officer
David Kownator
Chief Operating Officer
Josef Fleischmann
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We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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