IMAGE: Josef Fleischmann, Daniel Metzler & Markus Brandl
COMPANY: @IsarAerospace 🛰
INVESTORS: HV Capital, Porsche SE, Lombard Odier, Earlybird Venture Capital, Lakestar, Vsquared Ventures, Apeiron Investment Group, & UVC Partners
ROUND: Series B
NOTE: Isar Aerospace, a space technology company that aims to lower the entry barriers to space, has raised $75 million in its latest Series B funding round. The company develops launch vehicles dedicated to deploying and resupplying satellite constellations and to ensure low-cost space access for small satellites. The funding will likely provide a significant boost for continued development and manufacturing as the company nears its planned first test flight next year.
FUN FACT: The startup was spun out of Munich Technical University, where co-founders Daniel Metzler, Josef Fleischmann and Markus Brandl were studying engineering.
HQ: #Munich #Germany 🇩🇪
#VentureCapital #IsarAerospace #HVCapital #PorscheSE #LombardOdier #EarlybirdVentureCapital #Lakestar #VsquaredVentures #ApeironInvestmentGroup #UVCPartners #TradedVC ...