Orbital Matter Closes €1.1M Pre-Seed for In-Orbit 3D Printer
62 FOMOPolish-German startup Orbital Matter raised over €1 million in pre-seed funding led by Sunfish Partners, with Dhyan VC and angel investors participating. Thales Alenia Space is also an industrial partner via the Space Business Catalyst accelerator. Funds will support development of Orbital Matter's in-orbit 3D printer technology ahead of a planned Ariane 6 demonstration.
Why it matters
Thales Alenia Space buying in as an industrial partner alongside VC capital is an unusually good signal for a pre-seed company. In-space manufacturing is becoming a credible procurement target for the legacy players.
The numbers
Details
Funding
- Amount
- $1.2M
- Round
- pre seed
- Lead investors
- Sunfish Partners
- Announced
- 2023-12-13
Coverage
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news.satnews.com ·
Orbital Matter Secures Over €1 Million in Financing to Propel In-Space Manufacturing InnovationOrbital Matter closes pre-seed round led by Sunfish Partners, with Dhyan VC and angels participating. Thales Alenia Space is an industrial partner through the Space Business Catalyst accelerator. Funds will support in-orbit 3D printer development and the upcoming Ariane 6 demonstration.
More from Orbital Matter
- Orbital Matter · Launch 71
Orbital Matter Launches Replicator 3D Printer on Ariane 6 Maiden Flight
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Veenie.Space Telemetry
Polish-German startup Orbital Matter raised over €1 million in pre-seed funding led by Sunfish Partn