FrankfurtValley
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Isar Aerospace raises over $91 mln in biggest European spacetech funding

It´s all over the news today — check out the Techcrunch article bellow— the biggest Series B within the European SpaceTech industry, just happened and, although is not in our region, it´s related to Germany, Munich, and we are happy that Isar is now well equipped to further develop their launch vehicle, grow the team and prepare ther maiden flight to connect Germany and Europe to space and establish a competitive space industry.

“We are proud to accompany Isar Aerospace as the largest institutional investor on its way to commercially develop space for Europe. Micro-satellites in the low Earth orbit will become a key platform technology with enormous innovation and business potential in the coming decades. That is why we need a competitive space industry in Europe if we do not want to witness the next technological leaps as a spectator,” said Hendrik Brandis, co-founding partner of Earlybird. “I am particularly pleased that we are able to back a financing round of this magnitude entirely with German money. This is a clear sign of how successfully the startup and VC industry has developed in this country in recent years.”

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