4 years ago

Space Forge Raises $10.2 Million in Record-Breaking Seed Round for Reusable Satellites

  • Space Forge, a UK-based space technology company, has secured $10.2 million in seed funding, the largest ever seed round in the European space tech sector

  • The oversubscribed round was led by SpaceFund, Type One, and World Fund, with participation from SpaceVC, Starbridge Venture Capital, Quiet Capital, Kencoa Aerospace, Trousdale Ventures, Dylan Taylor, FJ Labs, Newable Ventures, and Virgin Galactic's George T

  • Whitesides

  • The funding will be used to launch and return a ForgeStar, a fully returnable satellite designed to manufacture materials in space and return them to Earth.

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