Infinite Orbits raises €12M in a fundraising round led by Newfund Capital and the EIC Fund for the development of 'Endurance' satellite
Amount Raised
€12 Million
Round Type
Funding Round
ToulouseAerospaceSatellite CommunicationInvestors
Description
Infinite Orbits, a French New Space In-Orbit Services company, has raised a €12M fundraising round led by Newfund Capital and the EIC Fund. The funding will be used to accelerate the development of 'Endurance', a Life Extension satellite for space assets, with the goal of optimizing fleet management strategies and increasing return on investment. The company aims to demonstrate the first European Life Extension mission in 2026 and to offer new reliable and competitive services to all GEO operators.
Quick answer
Infinite Orbits raised €12 Million in a Funding Round round, dated May 13, 2024. Investors: EIC Fund and Newfund Capital. Infinite Orbits is based in Toulouse, Occitania, France.
- How much did Infinite Orbits raise?
- Infinite Orbits raised €12 Million in a Funding Round round on May 13, 2024.
- Who invested in Infinite Orbits?
- EIC Fund and Newfund Capital are named as investors in this round.
- What does Infinite Orbits do?
- Infinite Orbits is a NewSpace company that is revolutionizing In-Orbit Services with innovative spacecrafts powered by its Rendez Vous solution, an advanced autonomous vision-based navigation software.
- Where is Infinite Orbits based and how big is it?
- Infinite Orbits is based in Toulouse, Occitania, France.
- Who are the decision-makers at Infinite Orbits?
- Fundz holds 1 contact at Infinite Orbits. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Aerospace and Satellite Communication around the same time
Companies in the same sectors as Infinite Orbits that raised within 45 days of this round, from Fundz verified event records.
- Isar Aerospace raised $20M (Debt Financing) on June 4, 2024.
- Portal Space Systems raised an undisclosed amount (Funding Round) on April 30, 2024.
- Katalyst Space Holdings raised $881K (Seed) on April 22, 2024.
- Iceye raised $93M (Funding Round) on April 17, 2024.
- Satellogic raised $30M (Corporate Round) on April 15, 2024.
- Estuaire raised $2.4M (Seed) on June 25, 2024.
Who to call at Infinite Orbits, and when
A new round usually means Infinite Orbits is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Infinite Orbits raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Infinite Orbits, from your own LinkedIn network
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Infinite Orbits raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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