The funding round was led by Balderton Capital and Plural. Other participants include Bayern Kapital, Bessemer Venture Partners, NGP Capital, French Tech Souveraineté, the DeepTech & Climate Fund (DTCF), and, once again, EQT Ventures, Red River West, Cherry Ventures, and others.
The SpaceTech company develops, manufactures, and operates spacecraft to meet the growing demand from space stations and space research for cost-effective transportation options. The Nyx space capsule developed by TEC is intended to transport cargo and eventually humans into space in the future to supply space stations and conduct long-distance research missions.
The spacecraft is designed to be reusable multiple times and refueled in orbit. Additionally, Nyx is being developed independently of launch vehicles, allowing the space capsule to be launched using various rockets.
The Exploration Company: 150 Million Euros in Series B Funding - Business Insider
The Exploration Company: Record Amount for German Space Startup
German-French Space Startup Raises 150 Million Euros | Börsen-Zeitung