August Investment Activity
August 7 – KKR & Co. announced that it acquired a minority ownership interest in OHB SE (OHB) for $110m, including a $33m convertible debt investment in OHB subsidiary Rocket Factory Augsburg AG, in a transaction that values OHB at $1.08b and will result in its privatization through delisting from the Frankfurt Stock Exchange.
August 21 – Space station developer Axiom Space, Inc. announced that it raised $350m in a Series C investment round from Aljazira Capital and Boryung Corporation to fund work with the National Aeronautics & Space Administration on a private space station that will host scientific projects currently carried out at the International Space Station.
August 29 – SatSure Analytics India Private Ltd., an Earth imaging start-up that plans to use satellite data for agricultural insurance applications, announced that it raised $15m in a Series A investment round led by Baring Private Equity Partners India and Promus Ventures, with participation from Omidyar Network India, xto10X, Force Ventures, Luckbox Ventures and IndigoEdge Advisors.
August 30 – Finland-based satellite flight software start-up ReOrbit oy announced that it raised $7.4m in its seed funding round led by Inventure VC, with participation from 10xFounders, Icebreaker.vc, Expansion and YesVC.
Read more related news in Space Business Review August 2023.
