Fundz

In No Way Boring, Spacetech Startup The Exploration Company Lands €40.5 Million

Feb 01, 2023

Amount Raised

€40.5 Million

Round Type

Funding Round

PlaneggManufacturingAerospace

Investors

Sista FundSchlumbergerHabert Dassault FinancePossible VenturesPartechJuly FundOmnes CapitalVsquaredCherry VenturesPromus VenturesRed River WestEQT Ventures

Description

Franco-German spacetech The Exploration Company has raised a record €40.5 million in a Series A funding round led by EQT Ventures and Red River West. Building upon a €5.3 million seed round that was aimed at helping the company in developing, producing, and operating a modular and reusable orbital vehicle dubbed Nyx

Quick answer

The Exploration Company raised €40.5 Million in a Funding Round round, dated February 1, 2023. Investors: Sista Fund, Schlumberger, Habert Dassault Finance, Possible Ventures, Partech, July Fund, Omnes Capital and Vsquared. The Exploration Company is based in Planegg, Bavaria, Germany.

How much did The Exploration Company raise?
The Exploration Company raised €40.5 Million in a Funding Round round on February 1, 2023.
Who invested in The Exploration Company?
Sista Fund, Schlumberger, Habert Dassault Finance, Possible Ventures, Partech, July Fund, Omnes Capital and Vsquared are named as investors in this round.
What does The Exploration Company do?
The Exploration Company is the developer of a reusable spacecraft designed to make space exploration accessible.
Where is The Exploration Company based and how big is it?
The Exploration Company is based in Planegg, Bavaria, Germany. Fundz records about 400 employees.
Who are the decision-makers at The Exploration Company?
Fundz holds 1 contact at The Exploration Company, including the CEO. 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 The Exploration Company that raised within 45 days of this round, from Fundz verified event records.

  • DroneShield raised $40M (Funding Round) on March 7, 2023.
  • Fortem Technologies raised $18M (Funding Round) on February 21, 2023.
  • Garuda Aerospace raised $22M (Funding Round) on February 13, 2023.
  • Hyperion Companies raised $220K (Seed) on March 18, 2023.
  • ASP Isotopes raised $5M on March 17, 2023.
  • Ecovia Renewables raised $8.8M on March 17, 2023.

Who to call at The Exploration Company, and when

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

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Company Information

Company

The Exploration Company

Location

Planegg, Bavaria, Germany

About

The Exploration Company is the developer of a reusable spacecraft designed to make space exploration accessible. The company specializes in developing and operating a modular, reusable orbital vehicle, providing in-space experiments at a low price on the International Space Station to make space transport more affordable, sustainable, and available, enabling new space players to participate in the space exploration race.

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Related People

1 contact
Verified contactsHélène H., CEO hiddenSee plans and pricing
Predictive Intelligence
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The Exploration Company 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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