66 FOMO · Payload Space
Foundational Raises £8.2M for Satellite Laser Ranging
AI Executive Summary
Foundational emerged from stealth with an £8.2 million ($10.8 million) pre-seed round, the largest space-tech pre-seed in Europe to date. Led by Inflection, the funding will be used to expand its automated satellite laser ranging (SLR) network, manufacture space hardware in-house, and develop its Origin data platform.