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Space DOTS® Secures $1.5 Million in Pre-Seed Funding to Revolutionize Space Materials and Sustainability

Space DOTS® Secures $1.5 Million in Pre-Seed Funding to Revolutionize Space Materials and Sustainability

July 27, 2023

London, United Kingdom - Space DOTS®, a visionary woman-led New Space start-up, proudly announces the successful completion of its Pre-Seed funding round, raising an impressive $1.5 million from a group of prominent investors. The funding will empower Space DOTS® to revolutionize in-space Research and Development (R&D), testing, and in-situ quality control of advanced space materials, playing a crucial role in fostering a sustainable circular economy for space exploration.

The funding round was led by 7percent Ventures, a leading venture capital firm renowned for supporting innovative technology companies. Other notable investors who participated in the round include Boost VC, Sie Ventures, and Blue Wire Capital, each of whom brings invaluable expertise and resources to the table.

Space DOTS® is founded by the visionary entrepreneur Bianca Cefalo, a trailblazer in the space industry, who aims to address one of the most significant challenges in space exploration - ensuring the viability of a sustainable circular economy. The company's innovative approach revolves around developing foundational building blocks for advanced space materials, laying the groundwork for a greener and more self-sufficient future in space.

The New Space start-up, headquartered in the vibrant city of London, United Kingdom, has set out on a mission to lead the charge in in-space R&D and testing. By pioneering cutting-edge technologies and techniques for space materials, Space DOTS® will unlock the potential to create, reuse, and recycle resources in space, reducing the dependence on Earth's finite resources.

"We are thrilled to have secured $1.5 million in Pre-Seed funding from our esteemed investors," said Bianca Cefalo, Co-Founder of Space DOTS®. "This funding will accelerate our mission to develop the critical elements needed for the long-term sustainability of space exploration. Space DOTS® aims to become a global leader in advancing space materials technology and contributing to a thriving and eco-conscious space industry."

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