Unternehmertum Venture Capital Partners has taken part in a $17m series A round for Isar Aerospace, co-founded by three students at TU Munich.
Isar Aerospace, a Germany-based low-cost satellite launch services provider, procured €15m ($17m) in series A capital on Monday from investors including Unternehmertum Venture Capital (UVC) Partners.
Airbus Ventures, the corporate venturing arm of aerospace and defence company Airbus, and venture capital firm Earlybird co-led the round, which additionally featured Vito Ventures, Apeiron Investment Group and Bulent Altan, a former executive with aerospace company SpaceX.
UVC Partners is the venture capital affiliate of Technical University of Munich’s tech transfer…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.