Rivada Space Networks - Banner

Interstellar Lab announces a US $5 million seed round to accelerate BioPod manufacturing

Modular system. Credit: Interstellar Lab

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.

Check Also

UNOOSA and UK Launch partnership on Registering Space Objects

The United Nations Office for Outer Space Affairs (UNOOSA) and the Government of the United Kingdom are launching a new project to enhance international expertise in the registration of objects launched into outer space. The multi-year project strengthens an already solid foundation of joint efforts between the partners covering topics such as space sustainability and climate action.