The New York Entrepreneur

: Isar Aerospace wins $165 mln in venture capital funding from Porsche, HV Capital and other

Read Time:37 Second

Isar Aerospace Technologies GmbH said Tuesday it closed a $165 million round of Series C venture capital financing that will result in new board members from investors Porsche AG XE:P911DRPRY and HV Capital. Investor 7-Industries Holding will also join its board in an observer capacity. Isar said the venture capital round marks the largest space technology financing round globally so far in 2023. Along with 7-Industries Holding, Porsche and HV Capital, other investors include Bayern Kapital via its Scale Up Fund Bavaria, Earlybird Venture Capital, Lakestar, Lombard Odier Investment Managers, UVC Partners, and Vsquared Ventures. 

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Previous post Binance’s CZ refutes CFTC’s claims of improper compliance procedures and trading
Next post : Oscar Health nabs former Aetna CEO Mark Bertolini for its top post