Funding round
Isar Aerospace Series C
Isar Aerospace, which works in space access launch services in Ottobrunn, raised $165M in a Series C round announced on 28 Mar 2023. 9 firms took part. It is Isar Aerospace's third venture round on record; the one before was a Series B in Jul 2021.
$165M
Amount raised
Not disclosed
Post-money valuation
9
Investors
no lead named
Valuation
What this round says about the price
Isar Aerospace did not disclose a valuation in this round. It came 20 months after Isar Aerospace's Series B. It is 25% of the $657M Isar Aerospace has raised in the venture rounds on record. Isar Aerospace raised again 39 months later: a Series D round of $310M in Jun 2026, at $2.30B post-money.
Isar Aerospace's funding rounds
Isar Aerospace has 4 venture rounds on record and 2 other deals. This one is highlighted.
- Series A 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 this round 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
9 firms took part; no lead investor was named.
Investors
- 7-Industries Holding new investor
- backs 92 venture-backed companies new investor
- backs 111 venture-backed companies new investor
- HV Capital backs 124 venture-backed companies new investor
- Lakestar backs 95 venture-backed companies new investor
- Lombard Odier Investment Managers new investor
- Porsche Automobil Holding SE (Porsche SE) new investor
- backs 49 venture-backed companies new investor
- backs 33 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
8 Series C rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $45M, and this round was 3.7 times the median. The closest in time, other companies' Series C rounds in Aerospace and Defence:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Aerospace and Defence | 12 Jan 2023 | $28M | not disclosed | NewSpace Capital |
| Axiom Space Aerospace and Defence | 21 Aug 2023 | $350M | not disclosed | Aljazira Capital and Boryung Co., Ltd. |
| Aerospace and Defence | 18 Oct 2022 | $46M | not disclosed | Scottish National Investment Bank |
| Aerospace and Defence | 7 Sep 2023 | $44M | not disclosed | not named |
| Aerospace and Defence | 30 Oct 2023 | $28M | not disclosed | Temasek |
| Aerospace and Defence | 13 Jun 2022 | $135M | not disclosed | Baillie Gifford and Breakthrough Energy |
| Aerospace and Defence | 9 Jan 2024 | $20M | not disclosed | Hanwha Asset Management |
| Aerospace and Defence | 25 Apr 2022 | $97M | not disclosed | NightDragon |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Isar Aerospace raise in its Series C round?
Isar Aerospace raised $165M in its Series C round, announced in Mar 2023.
Which investors took part in Isar Aerospace's Series C round?
7-Industries Holding, Bayern Kapital, Earlybird, HV Capital, Lakestar and Lombard Odier Investment Managers and 3 more.
What was Isar Aerospace's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Aerospace and Defence?
8 Series C rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $45M, and this round was 3.7 times the median.
Did Isar Aerospace raise again after this round?
Yes: a Series D round in Jun 2026 of $310M at $2.30B post-money.