German Space Tech Rocket Factory Augsburg Secures €30M Investment For Its Microlauncher
Aug 08, 2023•over 2 years ago
Amount Raised
€30 Million
Investors
Kkr
Description
In a significant move that underscores the rising demand for access to space, German space tech Rocket Factory Augsburg AG (RFA), a cost-effective and flexible launch service provider, has announced a successful €30 million investment from KKR, a prominent global investment firm that has previously invested in GetYourGuide. This strategic investment will further empower RFA to improve space access and remove cost and logistical barriers for its customers.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech