D-Orbit raises $110M to reach new heights in space logistics services
TTV fund portfolio company D-Orbit, a market leader in the space logistics and transportation services industry, announces the successful first closing of its Series C funding round, raising about €100m.
Led by Marubeni Corporation, the round cementing a long-term commercial collaboration aimed at revolutionizing the space logistics industry and extending Marubeni agency mandate for D-Orbit to the entire Southeast Asia. Alongside Marubeni, Avantgarde also joined the first closing.
With TTV (Indaco VP Tech Transfer fund), others exiting investors have renewed their confidence in D-Orbit and made incremental investments in this round, including CDP Venture Capital Sgr, Seraphim Space Investment Trust, United Ventures, Neva SGR Spa, and Primo Ventures, among others.
TTV (signed by the main Italian Foundations) has supported the project since the early stages and it is continuing its support in all subsequent rounds, including the latest.
Learn more: https://www.dorbit.space/media/4/82.pdf