Isar Aerospace Raises $165 Million in Series C Funding Round Led by HV Capital and Other Investors
March 29, 2023
Isar Aerospace, a German start-up based in Ottobrunn, Bavaria, has raised $165 million in a series C funding round led by HV Capital, with participation from Vsquared Ventures, Earlybird Venture Capital, Lakestar, Porsche Automobil Holding SE, UVC Partners, Bayern Kapital GmbH, and Lombard Odier Investment Managers.
Isar Aerospace specializes in developing next-generation rockets that provide sustainable access to space for small and medium-sized satellites and satellite constellations. The company aims to provide affordable and reliable launch services to meet the growing demand for space-based applications and services.
The funding will further develop Isar Aerospace's cutting-edge technology, expand its production capabilities, and increase its workforce.
With this latest investment, Isar Aerospace is well-positioned to become a key player in the aviation and aerospace industry, specifically in component manufacturing.
The company's focus on sustainable access to space and its commitment to reducing the environmental impact of space launches make it a promising player in the space technology sector. Visit the latest funding round for more information: https://founderlodge.com/round/Isar-Aerospace-raises-165000000-Series-C-2023-03-29-Daniel-Metzler-MTE2MTI