Tech Company Financing Transactions
Orbex Funding Round
Orbex closed a $45.4 million Series C funding round on 10/18/2022. Investors included BGF Ventures, Heartcore Capital and High-Tech Gründerfonds.
Transaction Overview
Company Name
Announced On
10/18/2022
Transaction Type
Venture Equity
Amount
$45,360,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to scale up its resources as it counts down to the first vertical launch from UK soil, as well as to attract additional funding to support future projects.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Orbex Forres 6 Innovation Way Forres Enterprise Park
Forres, IV36 2AB
UK
Forres, IV36 2AB
UK
Phone
Undisclosed
Website
Email Address
Overview
Founded in 2015, Orbex is a UK-based private, low-cost orbital launch services company, serving the needs of the small satellite industry. Orbex has developed one of the most advanced, low carbon, high performance micro-launch vehicles in the world. We offer a flexible core launch service and a suite of supporting services that make life easier for customers. Our advanced launch vehicle means higher reliability, more flexible mission profile types and a regular, scheduled launch service.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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