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554 German company ISPTech secures €2 million pre-seed to make a greener space economy

EU-Startups
Stefano De Marzo @ EU-Startups · 07/02/2024 05:00 EDT

German company ISPTech secures €2 million pre-seed to make a greener space economy

Lampoldshausen-based InSpacePropulsion Technologies (ISPTech), a spin-off from the German Aerospace Center (DLR), announced the closing of its €2 million pre-seed round. The round is led by HTGF and backed by co-investments of First Momentum Ventures and Possible Ventures, three renowned deep-tech investors. The investment will be used to make ISPTech’s propulsion technologies ready for its ...

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