News & Podcast

The Exploration Company is set to advance Europe’s independent cargo transport to space stations. The ESA contract includes 310 million euros for a demonstration mission of the Nyx space capsule. Two additional missions could bring in another 450 million euros—these options have yet to be confirmed.

Munich startup Fryte Mobility has closed a 3.5 million euro seed funding round, bringing its total funding to 5 million euros. Here is what the company, founded in 2025, plans to do with the capital and what these plans could mean for the rest of Europe.

Furo’s founding team turned down offers from Google and Apple to build their own startup in Munich. Now US investors are backing their software for battery storage: 4 million euros will drive further development and expansion.

Atira, a Munich-based AI startup developing the orchestration layer for industrial sales processes, has closed a seed round of nearly 13 million euros ($15 million) led by Accel. UVC Partners participated once again in the funding round. UVC Partners had already invested nearly 2.1 million euros ($2.5 million) in the pre-seed round.

The Exploration Company has announced a Series C funding round of 387 million euros (450 million dollars). The space company plans to use the capital to send its reusable Nyx capsule to the International Space Station and further develop the Storm rocket engine. According to the company, this is the largest Series C round for a European space company to date.

Munich-based space startup Project-S is entering its next phase of development with millions in funding led by Uni.Fund II. The company aims to combine radar sensor technology, AI-supported orbit data, and collision avoidance into an end-to-end security infrastructure for satellites, while also developing technologies to remove space debris in the long term.

Reformer Club receives 2 million euros from Vorwerk Ventures. With this funding, the Munich fitness startup now has big plans that extend beyond Germany’s borders.

Munich-based AI startup Nnexoro closes its first angel round. With Stefan Smalla and Dennis Vogt, the company brings two investors on board to expand its digital colleague Carl.

Oceanloop receives up to 38.5 million euros in equity and debt financing. The company plans to industrialize its land-based fish farming and build new facilities in Kiel and on Gran Canaria.

74 million euros for Navvis: The Munich-based company wants to make spatial data usable for AI and robotics and drive its expansion with a focus on the US market.

Munich-based startup Padelcity has secured 12 million euros in a Series A financing round. Compagnie des Alpes, one of Europe’s largest leisure groups, is joining as a strategic investor. Together, the partners intend to capitalize on the padel boom and drive expansion in Germany and other European markets.

5U AI has completed a pre-seed funding round of more than 2.7 million euros (3.2 million dollars). What the Munich startup plans to do with it now…