Portfolio Updates|

Isar Aerospace secures $165m Series C to meet global demand for access to space

Today, our portfolio company Isar Aerospace announced their $165m Series C - the largest Space Tech and one of the largest Deep Tech rounds in 2023. The fresh capital will go towards Isar Aerospace's inaugural flight and accelerate development of its Spectrum launch vehicle.

Congratulations Daniel Metzler, Josef Fleischmann, David Kownator and the entire team at Isar Aerospace for this stellar achievement!

Isar Aerospace develops and builds launch vehicles for transporting small and medium-sized satellites, as well as satellite constellations, into Earth’s orbit from European soil. A leader in the commercial space industry, Isar Aerospace is driving Europe’s capabilities for consistent, flexible, and cost-efficient access to space.

Lakestar is proud to have renewed our support for Isar Aerospace's vision, alongside 7-Industries Holding, Bayern Kapital GmbH, Earlybird Venture Capital, HV Capital, Lombard Odier Investment Managers, Porsche Automobil Holding SE, UVC Partners, Vsquared Ventures, InvestEU and the German Future Fund.

Read more about the Series C on FT.com

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