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Venture round · Completed · 4 Mar 2026

PLD Space €180m Series C

Spanish launcher PLD Space raised €180m to scale MIURA 5 production; Mitsubishi Electric also becomes a strategic customer.

Company
PLD Space
Type
Venture round
Status
Completed
Date
4 Mar 2026
Value
€180m
US$ equivalent
US$209m
Value basis
€180m Series C led by Mitsubishi Electric
Region
Spain
Segment
Venture and growth equity

Parties

Key terms

Size
€180m
Use of funds
Scale production and launch infrastructure ahead of the first MIURA 5 flight

Sources

  1. Payload: PLD Space closes €180m Series C payloadspace.com · Mar 2026
  2. European Spaceflight: PLD Space raises €180m in Series C funding europeanspaceflight.com · Mar 2026

Record ORB-INV-2026-0021. Investments are kept apart from the financings register and never counted in debt totals.

Randeep Bubbra
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