Feed/Companies/The Exploration Company

The Exploration Company

As of 13 Oct 2026, The Exploration Company has raised at least $609.5M across 3 verified rounds on record (1 with no disclosed amount; amounts in other currencies converted to USD); latest: €387 million Series C led by Bessemer Venture Partners, Atomico and 1 other, announced 8 Sep 2026.

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They build spacecraft, including a reusable capsule and a high-thrust rocket engine, targeting space missions and transportation.

exploration.spaceLinkedInGermanySpaceFounded 2021More than 550 people

LATEST ROUND

Series C

$449.5M · 2026-09-08

RAISED ON RECORD · USD

$609.5M

2 of 3 verified rounds state an amount

INVESTORS

5 leads

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Company

Every round on record, with the sources behind each and the investors on them.

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Rounds

[ 3 ]

Series C

$449.5M · 2026-09-08

[ HISTORY ]

led by Bessemer Venture Partners, Atomico, Scaleup Europe Fund

Series B

$160M · 2024-11-17

[ HISTORY ]

lead not stated

Series ASeries A financing round

n/a · 2023-02-01

[ HISTORY ]

led by EQT, Red River West

Round	Amount	Announced	Lead	Buzz
Series C [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it.	$449.5M €387 million	2026-09-08	Bessemer Venture Partners, Atomico, Scaleup Europe Fund	No recent discussion
1 source [ VERIFIED · CORRECTED ] read against 1 source Amount added €387 million · eu-startups.com Published by hand (eu-startups.com): "The Exploration Company (TEC), the European space company, today announced a €387 million ($450 million) Series C financing.": brand backfill hand check: the page states the company's announcement of the €387 million ($450 million) Series C

Company research

Fetched today

The Exploration Company builds reusable spacecraft and high-thrust rocket engines for space agencies, commercial space-station operators, and other customers that need cargo transportation to and from orbit.

Founders

Hélène Huby · Founder & CEO

Total raised

approximately $680 million · as its sources put it, more than the rounds on record

Customers

European Space Agency (ESA), Axiom Space, Starlab, Vast

Competitors

SpaceX, Northrop Grumman, Stoke Space

WHY IT MATTERS

The company says access to reach, supply, and return from orbit remains rare, while TechCrunch reported that only two companies then provided cargo delivery to and from the International Space Station and both were based in the United States. The $450 million Series C matters because it funds Nyx’s planned docking with the ISS and return to Earth and accelerates Storm, while TEC reports 10 missions booked and more than $2 billion in contracts and commitments.

Checked against 10 sources today

SOURCES

exploration.space

The Exploration Company

Company

Rounds

Sources

Profile

Investors

The Exploration Company

Rounds

Company research

Sources

Series C$449.5M2026-09-081 source

Series B$160M2024-11-172 sources

Series A2023-02-012 sources

Investors

Series C$449.5M2026-09-087 investors

Series A2023-02-016 investors

Series B [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it.	$160M	2024-11-17	not stated	No recent discussion
2 sources [ VERIFIED ] read against 1 of 2 sources Date 2024-11-18 → 2024-11-17 · techcrunch.com · links TechCrunch's report of the Series B, published the day it was announced Stage other (funding round) → series_b (Series B, techcrunch.com): Tech.eu and TechCrunch call the $160M round a Series B Not on the page it cites, so not applied: date Published by hand (techcrunch.com): "The Exploration Company raises $160M to build Europe’s answer to SpaceX Dragon": brand backfill hand check: TechCrunch states the $160M round [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]2 pages read: techcrunch.com, spacenews.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]confirmedchecked against 1 of 2 sources·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent

Series A Series A financing round [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it.	n/a	2023-02-01	EQT, Red River West	No recent discussion
2 sources [ VERIFIED ] read against 1 of 2 sources Date 2023-02-07 → 2023-02-01 · tech.eu · links Tech.eu's report of the Series A; the row carried 2023-02-07 from a law firm's deal note (the repair cannot store the euro amount, so the row keeps no amount) The source says “and others” but does not name them; no headquarters or valuation is stated.; not on the page it cites, so not applied: amount Published by hand (tech.eu): "Franco-German spacetech The Exploration Company has raised a record €40.5 million in a Series A funding round led by EQT Ventures and Red River West.": brand backfill hand check: Tech.eu states the €40.5 million Series A led by EQT Ventures and Red River West [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]2 pages read: tech.eu, dlapiper.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]confirmedchecked against 1 of 2 sources·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent