Fundz

MP Space raises AUD $23 million in seed funding led by Blackbird to develop spacecraft power systems. The Sydney-based deep-tech company plans to expand manufacturing and engineering capabilities.

PRIVATEOct 26, 2026

Amount Raised

A$23 Million

Round Type

Seed

SydneyEnergyRenewable Energy

Investors

SpeedinvestSystemiq CapitalSeraphim SpaceMFV PartnersBlackbird

Description

MP Space, a Sydney-based space power technology company founded in 2024 by former Tesla engineers, has raised AUD $23 million in seed funding led by Blackbird. The round also included participation from Systemiq Capital, Seraphim Space, Speedinvest and MFV Partners. MP Space develops power systems for spacecraft and has already designed its products into several space services and missions covering more than 500 spacecraft. The funding will support local manufacturing, platform expansion, and growth of the Australian engineering team, with hardware scheduled to fly in orbit in Q4 2026.

Quick answer

MP Space raised A$23 Million in a Seed round, dated October 26, 2026. Investors: Speedinvest, Systemiq Capital, Seraphim Space, MFV Partners and Blackbird. MP Space is based in Sydney, New South Wales, Australia.

How much did MP Space raise?
MP Space raised A$23 Million in a Seed round on October 26, 2026.
Who invested in MP Space?
Speedinvest, Systemiq Capital, Seraphim Space, MFV Partners and Blackbird are named as investors in this round.
What does MP Space do?
MP Space is a Sydney-based space power technology company founded in 2024 by former Tesla engineers Jay Manley and Sam Paterson.
Where is MP Space based and how big is it?
MP Space is based in Sydney, New South Wales, Australia. Fundz records about 15 employees.
Who are the decision-makers at MP Space?
Fundz holds 1 contact at MP Space, including the Co-Founder & CCO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as MP Space that raised within 45 days of this round, from Fundz verified event records.

  • BluWave-ai raised $5.7M (Series A) on November 12, 2026.
  • Exus Renewables raised $345M (Debt Financing) on November 12, 2026.
  • Coreshell raised $30M (Series B) on November 11, 2026.
  • Torus raised $500M on November 11, 2026.
  • FluxPoint Energy raised an undisclosed amount (Seed) on November 10, 2026.
  • Reflect Orbital raised $74M on November 10, 2026.

Who to call at MP Space, and when

A new round usually means MP Space is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day MP Space raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at MP Space, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at MP Space. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

MP Space

Location

Sydney, New South Wales, Australia

About

MP Space is a Sydney-based space power technology company founded in 2024 by former Tesla engineers Jay Manley and Sam Paterson. The company develops advanced power systems for spacecraft, including software-defined batteries with high gravimetric energy density. MP Space's products have been designed into several space services and missions covering more than 500 spacecraft. The company targets the supply chain serving satellites, launch vehicles, and lunar missions, bringing advanced power electronics and energy management technology from electric vehicles to spacecraft systems.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment MP Space raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsSam, Co-Founder & CCOSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for MP Space's next move

See what Strategic adds

MP Space raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.