Fundz

Ion-X raised $13.67 million in a Series A funding round led by the European Innovation Council Fund to accelerate the development and production of electrospray thrusters for small satellites.

PRIVATEDec 10, 2024

Amount Raised

$13.7 Million

Round Type

Series A

ManufacturingAerospace

Investors

île De France RegionInnovacomEuropean Innovation Council Fund

Description

Ion-X raised €13 million ($13.67 million) in a Series A funding round announced on Dec. 10. The investment will allow the company to industrialize its ion thruster and expand in the rapidly growing space mobility sector.

Quick answer

Ion-X raised $13.7 Million in a Series A round, dated December 10, 2024. Investors: île De France Region, Innovacom and European Innovation Council Fund.

How much did Ion-X raise?
Ion-X raised $13.7 Million in a Series A round on December 10, 2024.
Who invested in Ion-X?
île De France Region, Innovacom and European Innovation Council Fund are named as investors in this round.
What does Ion-X do?
Ion-X is a French propulsion startup that focuses on developing electrospray thrusters for small satellites and constellations.
Who are the decision-makers at Ion-X?
Fundz holds 1 contact at Ion-X. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Aerospace and Manufacturing around the same time

Companies in the same sectors as Ion-X that raised within 45 days of this round, from Fundz verified event records.

  • Dream Aerospace raised $347K (Pre-Seed) on January 23, 2025.
  • Constelli raised $3M (Pre-Series A) on January 16, 2025.
  • Stoke Space raised $260M (Funding Round) on January 15, 2025.
  • Stoke Space raised $260M (Series C) on January 15, 2025.
  • Precision Aerospace & Defense Group raised $925K on January 13, 2025.
  • Karman+ raised $21M on December 30, 2024.

Who to call at Ion-X, and when

A new round usually means Ion-X is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Ion-X

About

Ion-X is a French propulsion startup that focuses on developing electrospray thrusters for small satellites and constellations. Founded in 2021, it is a spinoff of the French National Center for Scientific Research and startup studio Technofounders. The company aims to revolutionize the space mobility market with sustainable and cost-effective propulsion solutions. Ion-X plans to ramp up production to meet the growing demands in the space sector.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Ion-X raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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