TU Munich spinout Isar Aerospace has added $75m to its series B round, bringing the round’s total to nearly $166m and its overall financing to more than $183m.
Isar Aerospace, a Germany-based satellite technology launch services spinout of TU Munich, has secured an additional $75m in series B funding from investors including UVC Partners, the venture capital affiliate of TU Munich’s tech transfer arm UnternehmerTUM.
Carmaker Porsche, banking group Lombard Odier and venture capital firm HV Capital co-led the extension, while Earlybird Venture Capital, Lakestar, Vsquared Ventures and Apeiron Investment Group also took part.
UVC Partners already backed the $90.8m initial series B tranche in…
Thierry Heles
Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
