Funding round
ATMOS Space Cargo Seed
ATMOS Space Cargo, which works in space logistics services in Lichtenau, raised $4.4M in a Seed round announced on 22 Jun 2023, led by High-Tech Gründerfonds and Amadeus Capital. 6 firms took part. It is ATMOS Space Cargo's first venture round on record.
$4.4M
Amount raised
4,000,000 EUR converted
Not disclosed
Post-money valuation
6
Investors
2 leads
Valuation
What this round says about the price
ATMOS Space Cargo did not disclose a valuation in this round. It is ATMOS Space Cargo's first venture round on record, 2 years after it was founded in 2021. It is 12% of the $36M ATMOS Space Cargo has raised in the venture rounds on record. ATMOS Space Cargo raised again 8 months later: a Seed round of $1.4M in Feb 2024.
ATMOS Space Cargo's funding rounds
ATMOS Space Cargo has 3 venture rounds on record and 1 other deal. This one is highlighted.
Investors
Who put money in
High-Tech Gründerfonds and Amadeus Capital led the round with 4 other firms.
Lead investors
- backs 232 venture-backed companies new investor
- backs 65 venture-backed companies new investor
Also in the round
- backs 37 venture-backed companies new investor
- backs 12 venture-backed companies new investor
- VENTIS new investor
- backs 26 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, scaling operations and working capital.
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
43 Seed rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $4.8M, and this round was close to the median. The closest in time, other companies' Seed rounds in Aerospace and Defence:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Aerospace and Defence | 23 Jun 2023 | $13M | not disclosed | Caruso Ventures |
| Mach Industries Aerospace and Defence | 16 Jun 2023 | $5.7M | not disclosed | Sequoia Capital |
| Aerospace and Defence | 30 Aug 2023 | $7.4M | not disclosed | Inventure |
| Aerospace and Defence | 5 Apr 2023 | $4.0M | not disclosed | MaC Venture Capital |
| Aerospace and Defence | 14 Aug 2023 | $3.5M | not disclosed | Hesai Technology and ZhenFund |
| K2 Space Aerospace and Defence | 10 Mar 2023 | $8.5M | $45M | First Round and Republic Capital |
| Aerospace and Defence | 28 Mar 2023 | $2.2M | not disclosed | not named |
| Aerospace and Defence | 15 Mar 2023 | undisclosed | not disclosed | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did ATMOS Space Cargo raise in its Seed round?
ATMOS Space Cargo raised $4.4M in its Seed round, announced in Jun 2023.
Who led ATMOS Space Cargo's Seed round?
High-Tech Gründerfonds and Amadeus Capital led it, with Seraphim Space, Earth-to-Mars Capital, VENTIS and another.vc.
What was ATMOS Space Cargo's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Aerospace and Defence?
43 Seed rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $4.8M, and this round was close to the median.
Did ATMOS Space Cargo raise again after this round?
Yes: a Seed round in Feb 2024 of $1.4M.