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Cleaning Up Space Debris, Switzerland’s Clearspace Closes €26.7 Million Round

PRIVATEJan 19, 2023•over 3 years ago

Amount Raised

€26.7 Million

LausanneSatellite Communication

Investors

Clear Space600 T Space InvestmentsHappiness CapitalIn Q TelKlaus Hommel’s LakestarLuxembourg Future FundSwisscom VenturesOtb Ventures

Description

Renes, Switzerland-based ClearSpace has raised €26.7 million in a Series A funding round. The injection burn is slated to help propel the startup in its continuing mission to keep space free of junk, and presumably operational objects operating.

Company Information

Company

ClearSpace

Location

Lausanne, Vaud, Switzerland

About

We are the tow truck service for sustainable Space. ClearSpace develops in-orbit service missions to enable a vibrant, resilient, and sustainable space industry.

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ML-powered predictions for ClearSpace's next move

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, FundzIQ™ for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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