The Exploration Company Raises $450 Million in Series C Funding
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European Spaceflight
September 8, 2026

The Exploration Company Raises $450 Million in Series C Funding

By European Spaceflight

Quick Summary

European space logistics startup The Exploration Company has raised $450 million (€387 million) in a Series C funding round to support the development of its Nyx capsule and Storm rocket engine. Announced on 8 September, the round was co-led by US venture capital firm Bessemer Venture Partners, London-based venture capital firm Atomico, and the Scaleup […]

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Getting to orbit isn't just about going up — a rocket has to accelerate sideways to roughly 28,000 km/h to avoid falling back down, which is why launches burn most of their fuel gaining horizontal speed rather than altitude. Multi-stage rockets shed empty fuel tanks and engines as they climb, since carrying dead weight into orbit wastes enormous amounts of propellant.

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Source: European Spaceflight

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