Tech Company Financing Transactions

Orbex Funding Round

Orbex, based in Forres, scored $21 million from BGF Ventures, EIFO and Heartcore Capital.

Transaction Overview

Company Name
Announced On
4/21/2024
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series C
Proceeds Purpose
The company intends to use the funds to ramp up the development of Prime, its 19-metre long, two-stage rocket designed to transport small satellites into Low Earth Orbit.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
Orbex Forres 6 Innovation Way Forres Enterprise Park
Forres, IV36 2AB
UK
Phone
Undisclosed
Email Address
Overview
Founded in 2015, Orbex is a UK-based private, low-cost orbital launch services company, serving the needs of the small satellite industry. Orbex has developed one of the most advanced, low carbon, high performance micro-launch vehicles in the world. We offer a flexible core launch service and a suite of supporting services that make life easier for customers. Our advanced launch vehicle means higher reliability, more flexible mission profile types and a regular, scheduled launch service.
Profile
Orbex LinkedIn Company Profile
Social Media
Orbex Company Twitter Account
Company News
Orbex News
Facebook
Orbex on Facebook
YouTube
Orbex on YouTube

Management Team

Title
Name
Email & Social
Chief Financial Officer
Simon Beswick
  Simon Beswick LinkedIn Profile  Simon Beswick Twitter Account  Simon Beswick News  Simon Beswick on Facebook
Chief Technical Officer
Jonas Bjarnø
  Jonas Bjarnø LinkedIn Profile  Jonas Bjarnø Twitter Account  Jonas Bjarnø News  Jonas Bjarnø on Facebook
Co-Founder
Kristian Bengtson
  Kristian Bengtson LinkedIn Profile  Kristian Bengtson Twitter Account  Kristian Bengtson News  Kristian Bengtson on Facebook
Co-Founder
Christopher Larmour
  Christopher Larmour LinkedIn Profile  Christopher Larmour Twitter Account  Christopher Larmour News  Christopher Larmour on Facebook


 

 

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Prev: 4/21/2024: Homium venture capital transaction
Next: 4/22/2024: Rubedo Life Sciences venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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