Orbex Secures $24 Million Funding Round for UK Space Launch – Parabolic Arc
New funding secures roadmap to first launch from Sutherland spaceport in Scotland Orbex is 1st UK space-sector company to win prestigious Horizon 2020 funding Forres, UK, 10 th December 2020 – Orbex, the innovative European space launch company, has secured $24 million in a funding round led by BGF, the UK’s most active investment company, and Octopus Ventures, one of the largest VCs in Europe. BGF and Octopus Ventures have joined existing investors High-Tech Gründerfonds, Heartcore Capital and Elecnor S.A. – parent company of the multi-national space firm Deimos Space – in a n...
Source: parabolicarc.com