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Kurs Orbital raised €3.7 million ($4 million) in a seed round led by OTB Ventures to accelerate the commercialization of its satellite servicing technology.

PRIVATEMar 06, 2024

Amount Raised

$4 Million

Round Type

Seed

TurinAerospaceSatellite Communication

Investors

InovoIn Q TelGalaxiaCredo VenturesOTB Ventures

Description

Kurs Orbital, a startup founded by Ukrainian space industry veterans, closed a €3.7 million ($4 million) seed round led by European deep tech VC firm OTB Ventures, with participation from Credo Ventures, Galaxia, In-Q-Tel, and Inovo. The funding will be used to accelerate the commercialization of its satellite servicing technology and expand its team.

Quick answer

Kurs Orbital raised $4 Million in a Seed round, dated March 6, 2024. Investors: Inovo, In Q Tel, Galaxia, Credo Ventures and OTB Ventures. Kurs Orbital is based in Turin, Piedmont, Italy.

How much did Kurs Orbital raise?
Kurs Orbital raised $4 Million in a Seed round on March 6, 2024.
Who invested in Kurs Orbital?
Inovo, In Q Tel, Galaxia, Credo Ventures and OTB Ventures are named as investors in this round.
What does Kurs Orbital do?
Kurs Orbital is a two-year-old satellite servicing tech startup founded by Ukrainian space industry veterans.
Where is Kurs Orbital based and how big is it?
Kurs Orbital is based in Turin, Piedmont, Italy.
Who are the decision-makers at Kurs Orbital?
Fundz holds 1 contact at Kurs Orbital. 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 Kurs Orbital that raised within 45 days of this round, from Fundz verified event records.

  • Iceye raised $93M (Funding Round) on April 17, 2024.
  • Satellogic raised $30M (Corporate Round) on April 15, 2024.
  • World View raised an undisclosed amount (Series D) on March 14, 2024.
  • Phantom Space Corporation raised an undisclosed amount (Funding Round) on March 11, 2024.
  • World View raised an undisclosed amount (Series D) on February 27, 2024.
  • Northwood Space raised $6.3M (Seed) on February 20, 2024.

Who to call at Kurs Orbital, and when

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

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Company Information

Company

Kurs Orbital

Location

Turin, Piedmont, Italy

About

Kurs Orbital is a two-year-old satellite servicing tech startup founded by Ukrainian space industry veterans. The company aims to accelerate the commercialization of its satellite servicing technology, including capabilities like satellite relocation and inspection, de-orbiting, and space debris removal.

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Kurs Orbital 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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