Orbex raised £16.7 million ($20.7 million) in Series D funding for its Prime microlauncher.
Amount Raised
£16.7 Million
Round Type
Series D
ForresAerospaceInvestors
Description
UK-based small launch developer Orbex raised £16.7 million ($20.7 million) in Series D funding to accelerate the development of its Prime microlauncher, with additional contributions from Octopus Ventures, BGF, Heartcore, EIFO and others.
Quick answer
Orbex raised £16.7 Million in a Series D round, dated April 18, 2024. Investors: Eifo, Heartcore, Bgf and Octopus Ventures. Orbex is based in Forres, Scotland, United Kingdom.
- How much did Orbex raise?
- Orbex raised £16.7 Million in a Series D round on April 18, 2024.
- Who invested in Orbex?
- Eifo, Heartcore, Bgf and Octopus Ventures are named as investors in this round.
- What does Orbex do?
- Orbex is Europe's leading orbital launch services company, serving the small satellite industry.
- Where is Orbex based and how big is it?
- Orbex is based in Forres, Scotland, United Kingdom. Fundz records about 170 employees.
- Who are the decision-makers at Orbex?
- Fundz holds 1 contact at Orbex. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Aerospace around the same time
Companies in the same sectors as Orbex that raised within 45 days of this round, from Fundz verified event records.
- Apex raised $72M on May 24, 2024.
- Neros raised $11M (Seed) on May 20, 2024.
- AM Craft raised $649K (Pre-Seed) on May 15, 2024.
- Infinite Orbits raised $13M (Funding Round) on May 13, 2024.
- X-Bow Systems raised $46M on May 9, 2024.
- Xona Space Systems raised $19M (Series A) on May 8, 2024.
Who to call at Orbex, and when
A new round usually means Orbex is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Orbex raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Orbex, from your own LinkedIn network
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Fundz sees it the moment Orbex raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Orbex 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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