Isar Aerospace extends Series B funding to $165m
Isar Aerospace becomes “most well-funded space start-up” in EU Isar, the Munich-based launch service provider for small and medium satellites, has extended its Series B funding to $165m. The round was led by HV Capital, Porsche SE, and Lombard Odier. There was also “substantial participation” from existing investors Earlybird, Lakestar, Vsquared Ventures, and Apeiron. It added $75m to the amount raised at the end of last year. With total financing of more than $180m Isar declares itself the most well-funded space start-up in the European Union. The funding will be used to invest in la...
Source: electronicsweekly.com