Funding round
Isar Aerospace Series A
Isar Aerospace, which works in space access launch services in Ottobrunn, raised $17M in a Series A round announced on 10 Dec 2019, led by Earlybird and Airbus Ventures. 5 firms took part. It is Isar Aerospace's first venture round on record.
$17M
Amount raised
Not disclosed
Post-money valuation
5
Investors
2 leads
Valuation
What this round says about the price
Isar Aerospace did not disclose a valuation in this round. It is Isar Aerospace's first venture round on record, 1 year after it was founded in 2018. It is 2.6% of the $657M Isar Aerospace has raised in the venture rounds on record. Isar Aerospace raised again 19 months later: a Series B round of $165M in Jul 2021. Its next priced round, a Series D in Jun 2026, valued it at $2.30B.
Isar Aerospace's funding rounds
Isar Aerospace has 4 venture rounds on record and 2 other deals. This one is highlighted.
- Series A this round 10 Dec 2019, led by Earlybird and Airbus Ventures $17M
- Series B 28 Jul 2021, led by HV Capital, Porsche SE and Lombard Odier $165M
- Series C 28 Mar 2023 $165M
- Debt not a venture round 25 Jun 2025, led by Eldridge Industries $174M
- Series D 9 Jun 2026 $310M$2.30B post-money
- Grant not a venture round 3 Aug 2026 $230M
Investors
Who put money in
Earlybird and Airbus Ventures led the round with 3 other firms.
Lead investors
- backs 111 venture-backed companies new investor
- backs 46 venture-backed companies new investor
Also in the round
- Vito Ventures new investor
- backs 49 venture-backed companies new investor
- backs 7 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development and scaling operations.
- Product development
- Scaling operations
Comparable rounds
How it compares
10 Series A rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $12M, and this round was 1.4 times the median. The closest in time, other companies' Series A rounds in Aerospace and Defence:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Aerospace and Defence | 26 Nov 2019 | $20M | not disclosed | Main Sequence |
| Aerospace and Defence | 12 Nov 2019 | $13M | not disclosed | not named |
| Aerospace and Defence | 28 Oct 2019 | $2.5M | not disclosed | not named |
| Aerospace and Defence | 18 Sep 2019 | $12M | not disclosed | Moore Venture Partners and Serra Ventures |
| Aerospace and Defence | 30 Aug 2019 | $9.2M | not disclosed | Material Impact |
| Aerospace and Defence | 16 Jul 2020 | $13M | not disclosed | Karista and Innovacom |
| Aerospace and Defence | 13 Mar 2019 | $12M | not disclosed | Airbus Ventures |
| Aerospace and Defence | 1 Sep 2020 | $6.0M | not disclosed | private investment group |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Isar Aerospace raise in its Series A round?
Isar Aerospace raised $17M in its Series A round, announced in Dec 2019.
Who led Isar Aerospace's Series A round?
Earlybird and Airbus Ventures led it, with Vito Ventures, UVC Partners and Apeiron Investment Group.
What was Isar Aerospace's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Aerospace and Defence?
10 Series A rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $12M, and this round was 1.4 times the median.
Did Isar Aerospace raise again after this round?
Yes: a Series B round in Jul 2021 of $165M.