Isar Aerospace received $20M in growth debt funding from ATEL Ventures to finance the purchase of production equipment for its launch vehicles.
Amount Raised
$20 Million
Round Type
Debt Financing
MunichManufacturingTransportationAerospaceSatellite CommunicationInvestors
Description
Isar Aerospace, a launch service provider for small and medium-sized satellites, received $20M in growth debt funding from ATEL Ventures. The funds will be used to finance the purchase of equipment for the production of Isar Aerospace's launch vehicles.
Quick answer
Isar Aerospace raised $20 Million in a Debt Financing round, dated June 4, 2024. Investors: ATEL Ventures. Isar Aerospace is based in Munich, Bavaria, Germany.
- How much did Isar Aerospace raise?
- Isar Aerospace raised $20 Million in a Debt Financing round on June 4, 2024.
- Who invested in Isar Aerospace?
- ATEL Ventures is named as investors in this round.
- What does Isar Aerospace do?
- Isar Aerospace develops next generation rockets for sustainable access to space for small and medium satellites and satellite constellations.
- Where is Isar Aerospace based and how big is it?
- Isar Aerospace is based in Munich, Bavaria, Germany. Fundz records about 420 employees.
- Who are the decision-makers at Isar Aerospace?
- Fundz holds 1 contact at Isar Aerospace. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Aerospace around the same time
Companies in the same sectors as Isar Aerospace that raised within 45 days of this round, from Fundz verified event records.
- Momentus raised an undisclosed amount (Convertible Note) on July 18, 2024.
- Archer Aviation raised $55M on July 2, 2024.
- Portal Space Systems raised an undisclosed amount (Funding Round) on April 30, 2024.
- VerdeGo Aero raised $2M on July 12, 2024.
- MRO Holdings raised an undisclosed amount on July 9, 2024.
- Volant Aero raised $13M (Series A) on July 5, 2024.
Who to call at Isar Aerospace, and when
A new round usually means Isar Aerospace is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Isar Aerospace raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Isar Aerospace, from your own LinkedIn network
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Related People
Isar Aerospace raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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