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Isar Aerospace received $20M in growth debt funding from ATEL Ventures to finance the purchase of production equipment for its launch vehicles.

PRIVATEJun 04, 2024•about 2 years ago

Amount Raised

$20 Million

Round Type

Debt Financing

MunichManufacturingTransportationAerospaceSatellite Communication

Investors

Atel Ventures

Description

Isar Aerospace, a launch service provider for small and medium-sized satellites, received $20M in growth debt funding from ATEL Ventures. The funds will be used to finance the purchase of equipment for the production of Isar Aerospace's launch vehicles.

Company Information

Company

Isar Aerospace

Location

Munich, Bavaria, Germany

About

Isar Aerospace develops next generation rockets for sustainable access to space for small and medium satellites and satellite constellations.

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Isar Aerospace 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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