The Exploration Company secures €387 million to accelerate development of reusable high-thrust rocket engine
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The Exploration Company (TEC), the European space company, today announced a €387 million ($450 million) Series C financing. The funding will advance the Nyx reusable capsule toward a mission to dock with the International Space Station and return to Earth, while accelerating development of the high-thrust reusable Storm rocket engine.
The round was co-led by Bessemer Venture Partners, Atomico, and the Scaleup Europe Fund, managed by EQT, with participation from TEC’s existing European backers i
The round was co-led by Bessemer Venture Partners, Atomico, and the Scaleup Europe Fund, managed by EQT, with participation from TEC’s existing European backers i
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