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February 19, 2024
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Atmos Space Cargo Secures €13M Boost in Funding




Article Summary

TLDR:

Key Points:

  • Atmos Space Cargo, a German startup, raised an additional €1.3M in funding.
  • The funding round saw participation from several investors, including OTB Ventures and High-Tech Gründerfonds.

Atmos Space Cargo, based in Lichtenau, Germany, raised €1.3M in funding to further develop and manufacture technology for space applications. The funding round included investors such as OTB Ventures, High-Tech Gründerfonds, the Amadeus APEX Technology Fund, Seraphim, E2MC, VENTIS, and another.vc. The company, led by CEO Sebastian Klaus, specializes in developing space capsules capable of safely returning cargo from space, offering microgravity on-demand opportunities for various applications like scientific research, verification, and manufacturing products in space. This additional funding will support the company’s efforts to expand operations and participate in ESA’s Commercial Cargo Initiative tender.


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