The grant from the UK Space Agency will fund infrastructure for planned 2024 launches from the SaxaVord Spaceport.
"Through our £1.5bn UK space funding programmes the Government is backing satcomms technology, space science, missions and infrastructure to support the commercial satellite sector. This £3.5 million investment will enable RFA UK to develop the technologies necessary to launch from SaxaVord Spaceport in Scotland, creating dozens of jobs locally and growing the Scottish cluster as a key part of the UK space sector."
The Series B round was led by ETF Partners, Trill Impact and A&G to support international growth and product expansion.
"Since launch, we’ve viewed Open Cosmos as more than a space tech company; we are agents of change, harnessing the power of satellite data to drive meaningful impact on Earth. Our successful Series B funding, with the support of such prominent ESG and impact investors, is a testament to our commitment to sustainability and innovation."
The pre-seed round was backed by Boost VC, Sie Ventures, 7Percent Ventures, Blue Wire Capital, and angel investors.
"At Space DOTS, we are proposing an evolution to the legacy approach of testing and qualifying materials for space. We intend on becoming the trusted partner to space companies globally when it comes to in-orbit research and development and this funding will put us on the path towards doing just that."
The round was led by Molten Ventures to fund commercialisation ahead of the company's first satellite launch.
"We’re leading SatelliteVu’s funding round as it prepares for its June launch. Their unique technology tackles key climate issues, and we’re impressed with their commercial progress. Their $160m in early commitments is a stellar model of pre-launch sales for deep-tech companies, which other climate-tech firms could emulate."
The London marketplace will use the new capital to scale its platform and expand beyond the capital.
"I could see first hand how time consuming, mistakes were made, and hosts were spending hours managing their booking system rather than dealing with the human aspect of their business."
