Edinburgh / Paris, 14 March 2022. – Interstellar Lab announced a US $5 million seed round with Urania Ventures, Auxxo, 7percent Ventures, Seldor Capital, E2MC, Kima Ventures and BPI. The startup will be able to double its workforce by the end of 2022 with the help of the funding.
The company will accelerate manufacturing of the first BioPods this year, produced for the Earth market. BioPod is the company’s flagship product, a deployable pod optimized for plant growth. It creates ideal climatic and atmospheric conditions for plant growth allowing the cultivation of species that cannot be grown in traditional agriculture. The technology maximizes efficiency and production, reduces water and energy consumption while boosting yield, according to the company. BioPods provide a solution for crop and plant research as well.
The firm also plans to boost the development of new space products, including its NASA-awarded food production system. Interstellar develops low Earth orbit and lunar modules for astronauts in collaboration with NASA and CNES. The company plans to deploy its modules as part of NASA’s Artemis program and later during Mars exploration missions.