Kanematsu-backed microsatellite launch services provider Vector has collected $70m in a series B round that brought its total funding to more than $100m.
Vector, a US-based microsatellite launch company backed by diversified conglomerate Kanematsu, received $70m in series B funding on Friday from backers led by investment firm Kodem Growth Partners.
Morgan Stanley Alternative Investment Partners, a subsidiary of investment bank Morgan Stanley, also participated in the round, as did venture capital firms Sequoia Capital, Lightspeed Venture Partners and Shasta Ventures.
Founded in 2016, Vector has developed rockets specifically designed to launch microsatellites into orbit. It has designed two rockets to date: the…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
