July Investment Activity
July 15 – GHGSat Inc., a Canadian startup focused on satellite-based detection of methane emissions, raised $45m in a Series B funding round from an investor group including the Government of Québec, OGCI Climate Investments and Space Capital, boosting its fundraising total to more than $70m.
July 21 – Boston-based Accion Systems Inc., a manufacturer of small-satellite electric propulsion units, raised $42m in a Series C funding round, producing a company valuation of $83.5m and resulting in Tracker Capital Management LLC acquiring a majority ownership interest in the company.
July 28 – German launch vehicle developer Isar Aerospace Technologies GmbH raised $75m through extension of the Series B investment round that it originally conducted in December 2020. The new funding, which includes investments from HV Capital, Porsche Automobil Holding SE and Lombard Odier, increases the company’s total Series B amount to $165m and its total amount raised to date to more than $180m.
