July Fundraising & Investment Activity
July 10 – Eutelsat Group announced that the United Kingdom joined the Government of France, Bharti Space Ltd., CMA CGM S.A., and Le Fonds Stratigique de Participations as a participant in its current funding round, adding a €90m investment to boost the total amount of capital raised to €1.5b.
July 10 – Japanese launch start-up Interstellar Technologies raised $45.1m in a Series F investment round, together with $16.7m in debt financing for a total of $61.8m in new capital, with participation from Sumitomo Mitsui Banking Corporation, SPARX Asset Management Co., Ltd. (via its Space Frontiers Fund II), Japanet Holdings Co., Ltd. and existing investors.
July 10 – Orbital manufacturing start-up Varda Space Industries, Inc. raised $187m in a Series C funding round led by Natural Capital Management, LLC and Shrug Capital LP, with participation from Founders Fund, Lux Capital Management, LLC and others.
