GOLDEN, Colo. (Lunar Outpost PR) – Lunar Outpost, a global leader in commercial planetary mobility, announced a $12 million seed funding round today. The closed round was led by Explorer 1 Fund with participation from Promus Ventures, Space Capital, Type 1 Ventures and Cathexis Ventures. The capital will be used to launch a new class of autonomous lunar rovers, deploy Lunar Outpost’s robotic technologies in additional environments, and invest in new technologies to improve its existing platforms. Explorer 1 Fund Principal Daniel Kleinman and Promus Ventures Partner Gareth Keane also joined Lunar Outpost’s Board of Directors.

HELSINKI, Finland, February 3, 2022 (ICEYE PR) – ICEYE, a world-leading SAR data provider and expert in NatCat solutions, today announced the closing of a $136M Series D funding round, led by long-standing investor Seraphim Space. New strategic investors to ICEYE also include BAE Systems and Kajima Ventures. In addition, Molten Ventures, OTB Ventures, True Ventures, C16 Ventures, Chione Ltd, Services Group of America, the UK’s National Security Strategic Investment Fund (NSSIF), Space Capital and Promus Ventures have also participated in the funding round. Morgan Stanley & Co. LLC served as placement agent for the transaction.

With this latest funding round, ICEYE has raised a total of $304M in financing since 2015. ICEYE owns and operates the world’s largest constellation of SAR satellites and the company has successfully launched 16 satellite missions in total since its first-ever spacecraft was placed into orbit only four years ago.

Mangata Networks announces today the completion of their $33 million Series A funding round, led by Playground Global.

PHOENIX (Mangata Networks PR) — Mangata Networks has closed a $33 million Series A round led by US-based venture capital firm Playground Global to continue its mission to transform the way the world interacts with information. This closing manifests the truly global nature of the organization with other major investors including Temasek which is headquartered in Singapore, ktsat from South Korea, Scottish Enterprise in the UK, Promus Ventures from its Orbital Ventures Fund, and Meta Venture Partners, also in the US.

Euroconsult announced the winners of its Finspace award during the final days of its flagship World Satellite Business Week in Paris.

PARIS, WASHINGTON, MONTREAL, YOKOHOMA, SYDNEY, TOULOUS France, 16 December 2021 – Euroconsult, the leading consulting firm specialising in the space sector and satellite markets, announced the winners of the Finspace competition at the 2021 World Satellite Business Week (WSBW) held at the Westin Hotel in Paris. A staple of the WSBW since its inception in 2017, Finspace acknowledges the year’s most avant-garde and innovative start-ups in the space sector.

Companies taking part in the Finspace competition benefit from an exceptional networking opportunity with Euroconsult’s executive level network in attendance at the event, as well as peer-level exchange of best-practices and experience. Finspace assesses companies from a comprehensive spectrum within the value chains of Satellite manufacturing or subsystems, Access to space, Satellite operations, Space traffic management and awareness, Ground segment & end user terminals, Downstream services (Satcom, EO, Information, Navigation) and Software..

LUXEMBOURG (Promus Ventures PR) — Promus Ventures is pleased to announce that Orbital Ventures (“the Fund”) has closed at €120 million [US $139.3 million]. Anchored in Luxembourg, the Fund is focusing on early-stage, space-related companies.

The European Investment Fund committed €40 million [US $46.4 million], adding to the Fund’s international exposure. Other investors include international corporate, institutional, and private investors, as well as public actors. Among them is the Luxembourg Government via the Ministry of the Economy and the National Credit and Investment Institution (SNCI) which have invested in the Fund, reaffirming the country’s leading position on the international space stage.

Industry leading global strategy consultancy and market intelligence firm Euroconsult have announced the six companies that have been shortlisted for their 5th annual Finspace competition. Part of this year’s World Satellite Business Week, the Finspace initiative recognizes and celebrates the achievements of innovative startups from across the space sector.

PARIS, WASHINGTON D.C., MONTREAL, YOKOHAMA, SYDNEY, 6th October 2021 –Euroconsult’s Finspace pitch initiative was launched in 2017 as part of the company’s flagship World Satellite Business Week event and strives to showcase the most promising and innovative start-ups from across the space and satellite industry value chains. Six finalists have been selected for the 2021 awards from entries that were submitted from all across Europe, the United States, and Australia. Approximately one third of this year’s entries represented small launch development companies.

• Isotropic Systems completes a new industry and VC-backed funding round, led by the world’s first listed space tech fund, Seraphim Space Investment Trust PLC
• This latest funding round takes the total capital secured from investor and customer support to over $100 million
• Strong strategic investor support from existing investors including AEI HorizonX, Promus Ventures through its Luxembourg based space investment fund Orbital Ventures, SES and UK Government
• Secures production and commercialisation of Isotropic’s next-gen ground antennas, designed to vastly improve connectivity across the satellite ecosystem

LONDON, 27th September, 2021 (Isotropic Systems PR) – Isotropic Systems, a leading developer of transformational broadband terminal technologies, announces that it has raised over $37 million in an equity financing round, which fully funds the development of its game-changing multi-link antennas through to product launch in 2022.

Helsinki, FINLAND – September 22, 2020 – ICEYE, a World-leading SAR data provider, today announced the closing of a larger than planned $87M Series C funding, led by return investor True Ventures, with a significant additional investment by OTB Ventures.

ICEYE has so far successfully launched 5 satellite missions, starting with the first ever small SAR satellite launched in January 2018. The company is launching 4 additional SAR satellites this year and is on course to launch at least an additional 8 in 2021. This will grow the existing operational constellation into a capability that is unique in the World. To date, ICEYE has raised a total of $152M in financing.

LUXEMBOURG (Luxembourg Government PR)  – During a meeting of a parliamentary committee, Étienne Schneider, Deputy Prime Minister and Minister of the Economy confirmed that the Government of Luxembourg, together with public and private sector partners, have invested a stake in Orbital Ventures (‘the Fund’), an investment fund focused on early stage companies engaged in space activities. Luxembourg’s involvement builds on the country’s commitment to unlock the economic potential of the commercial space industry.  

Electron It’s Business Time lift-off (Credits: Kieran Fanning & Sam Toms)

• Rocket Lab reveals $140 million (USD) funding in Series E financing, closed in advance of the company’s second successful orbital mission, ‘It’s Business Time’ on 11 November.
• Investors show continued ardent support in pre-‘It’s Business Time’ launch round led by existing backers Future Fund (Australia’s Sovereign Wealth Fund), with participation from current investors Greenspring Associates, Khosla Ventures, Bessemer Venture Partners, DCVC (Data Collective), Promus Ventures, and K1W1.
• New investor, the Accident Compensation Corporation of New Zealand (ACC), also joins the round.
• Funding will support continued Electron vehicle production expansion, new launch sites and three new major research and development programs.

HUNTINGTON BEACH, Calif., November 15, 2018 (Rocket Lab PR) – US orbital launch provider Rocket Lab has closed a Series E financing round of $140 million (USD). The funding round closed last month, prior to the launch of the successful mission ‘It’s Business Time,’ and was led by existing investor Future Fund, with strong participation from current investors including Greenspring Associates, Khosla Ventures, Bessemer Venture Partners, DCVC (Data Collective), Promus Ventures and K1W1. New investor ACC also contributed to the round. The Series E round close brings total Rocket Lab funding to date to more than $288 million (USD), with the company now soaring past its previous $1 billion-plus (USD) valuation.

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