The Exploration Company Raises €40M in Series A Funding

the exploration company

The Exploration Company, a Bordeaux, France- and Munich, Germany-based space tech startup, raised €40m in Series A funding.  

The round was co-led by EQT Ventures and Red River West with participation from Promus Ventures, Cherry Ventures, Vsquared, Omnes Capital, July Fund, Partech, Possible Ventures, Habert Dassault Finance, Schlumberger and Sista Fund.

Founded by Hélène Huby in 2019, The Exploration Company is advancing Nyx, a modular, reusable and in-orbit refuelable vehicle which carries cargo and, in the longer run, humans and open interface software and hardware.  

The company intends to use the funds to commercialize Nyx Mission Odyssey, to finalize and launch a second vehicle, and expand the team.

FinSMEs

01/02/2023