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HyImpulse Raises €45 Million in Funding for ‘Made in Europe’ Rocket Technology

HyImpulse has raised €15 million in equity and secured an additional €30 million in financing capital as part of its …

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HyImpulse Raises €45 Million in Funding for ‘Made in Europe’ Rocket Technology

HyImpulse has raised €15 million in equity and secured an additional €30 million in financing capital as part of its Series A funding round. Campus Founders Ventures led the funding round with participation from other investors

The provider of hybrid propulsion systems will use the new capital to drive the development and commercialization of the SL1 orbital rocket forward and expand its production capacities. Since its foundation in 2018, the company has now raised around €74 million in capital.

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Joshua Faleti

Kofoworola Joshua Faleti is the News Editor. He enjoys talking and learning about space and wants to talk about space to anyone who cares to listen. Joshua is interested in Space Law and Policy and how Space can positively impact human lives. Joshua is also a big music lover.