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Today: May 17, 2024
January 12, 2024
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D-Orbit Hits the Jackpot with €100m in Series C Funding

TLDR:

– D-Orbit has closed the first round of its Series C funding, bringing in €100m.
– The funding will be used to expand D-Orbit’s space logistics services and operational capabilities.

D-Orbit has successfully closed the first round of its Series C funding, raising €100m and attracting investment from Marubeni Corporation. The funding round marks a significant milestone for D-Orbit, a European space technology company, and will allow the company to expand its space logistics services, including in-orbit satellite servicing and space cloud computing. D-Orbit aims to create the infrastructure for a $1tn future in-orbit economy, enabling the transportation of goods, information and people in space. The investment will also help enhance D-Orbit’s operational capabilities across the US, Europe and the United Kingdom.

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