Tech Company Financing Transactions
Morpheus Space Funding Round
Morpheus Space secured a $28 million Series A financing round on 9/15/2022. Backers included Alpine Space Ventures, Airbus Ventures and In-Q-Tel.
Transaction Overview
Company Name
Announced On
9/15/2022
Transaction Type
Venture Equity
Amount
$28,000,000
Round
Series A
Investors
Proceeds Purpose
Tt intends to build a factory in Dresden, Germany, where it's based, and to increase headcount. That will allow the company to ramp up production of its propulsion systems to meet exponentially growing demand in the smallsat market; since 2019, the number of small satellite launches has increased by nearly 450%
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
555 W 5th St, 35th Fl
Los Angeles, CA 90013
USA
Los Angeles, CA 90013
USA
Phone
Undisclosed
Website
Email Address
Overview
Morpheus Space is built on more than a decade of friendship and professional collaboration. We are a team of innovators, engineers, and entrepreneurs with a shared dream: To accelerate the growth of the space industry.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Richard Spencer
Chief Executive Officer
Daniel Bock
Chief Technical Officer
Christian Schunk
President
István Lorincz
VP - Manufacturing
Christian Boy
VP - R & D
Philipp Laufer
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