The Exploration Company US$450m Series C
The Exploration Company, the Franco-German developer of the Nyx reusable cargo capsule, raised what it describes as the largest Series C by a European space company.
- Company
- The Exploration Company
- Type
- Venture round
- Status
- Completed
- Date
- 8 Sep 2026
- Value
- US$450m
- Value basis
- US$450m (€387m); valuation not disclosed
- Region
- Europe
- Segment
- Venture and growth equity
Parties
- The Exploration Company issuer
- Bessemer Venture Partners co-lead
- Atomico co-lead
- Scaleup Europe Fund (EQT) co-lead
- Balderton investor
- Plural investor
- Cherry Ventures investor
- Red River West investor
Key terms
- Size
- US$450m (€387m)
- Co-leads
- Bessemer Venture Partners, Atomico, Scaleup Europe Fund (managed by EQT)
- Total raised
- About US$680m since 2021
- Use of proceeds
- Nyx capsule towards an ISS docking mission and the Storm reusable rocket engine
Sources
- European Spaceflight: The Exploration Company raises US$450m in Series C funding europeanspaceflight.com · 8 Sep 2026
- Dealroom: The Exploration Company raises US$450m in Europe's biggest space Series C dealroom.co · 8 Sep 2026
Record ORB-INV-2026-0036. Investments are kept apart from the financings register and never counted in debt totals.
