Funding round
ATMOS Space Cargo Seed
ATMOS Space Cargo, which works in space logistics services in Lichtenau, raised $1.4M in a Seed round announced on 7 Feb 2024, led by OTB Ventures. 7 firms took part. It is ATMOS Space Cargo's second venture round on record; the one before was a Seed in Jun 2023.
$1.4M
Amount raised
1,300,000 EUR converted
Not disclosed
Post-money valuation
7
Investors
1 lead
Valuation
What this round says about the price
ATMOS Space Cargo did not disclose a valuation in this round. It came 8 months after ATMOS Space Cargo's Seed. It is 3.9% of the $36M ATMOS Space Cargo has raised in the venture rounds on record. ATMOS Space Cargo raised again 26 months later: a Series A round of $30M in Apr 2026.
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
OTB Ventures led the round with 6 other firms.
Lead investor
- OTB Ventures backs 27 venture-backed companies new investor
Also in the round
- backs 232 venture-backed companies new investor
- backs 65 venture-backed companies new investor
- 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
53 Seed rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $5.0M, and this round was 28% of the median. The closest in time, other companies' Seed rounds in Aerospace and Defence:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Aerospace and Defence | 27 Feb 2024 | $800K | not disclosed | HVB 88 Angels and O2 Angels Network |
| Aerospace and Defence | 13 Mar 2024 | $18M | not disclosed | Seven Seven Six |
| Aerospace and Defence | 21 Mar 2024 | $13M | not disclosed | Lockheed Martin Ventures |
| Aerospace and Defence | 9 Jan 2024 | $6.0M | not disclosed | Alpha Wave Global and Elevation Capital |
| Kurs Orbital Aerospace and Defence | 6 Mar 2024 | $4.0M | not disclosed | OTB Ventures |
| Aerospace and Defence | 9 Jan 2024 | $3.8M | not disclosed | UKI2S |
| Aerospace and Defence | 17 Jan 2024 | $2.0M | not disclosed | not named |
| Aerospace and Defence | 15 Jan 2024 | $1.8M | not disclosed | Galaxia |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did ATMOS Space Cargo raise in its Seed round?
ATMOS Space Cargo raised $1.4M in its Seed round, announced in Feb 2024.
Who led ATMOS Space Cargo's Seed round?
OTB Ventures led it, with High-Tech Gründerfonds, Amadeus Capital, Seraphim Space, Earth-to-Mars Capital and VENTIS and 1 more.
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?
53 Seed rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $5.0M, and this round was 28% of the median.
Did ATMOS Space Cargo raise again after this round?
Yes: a Series A round in Apr 2026 of $30M.