EnduroSat Raises €43M in Funding

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Here’s the summarized information based on the provided content:

Company Overview

  • Startup: EnduroSat
  • Website: endurosat.com
  • Location: Sofia, Bulgaria
  • CEO and Founder: Raycho Raychev

Funding Details

  • Funding Amount: €43M
  • Funding Round: Not specified, but mentioned as a recent fundraising effort.
  • Date: 27/05/2025

Investors

  • Lead Investor: Founders Fund
  • Participating Investors:
    • CEECAT Capital
    • Morphosis Capital
    • Others (not specified)

Purpose of Funds

  • Use of Funds: To scale production of new Gen3 ESPA-class satellites.

Company Description

EnduroSat provides a satellite constellations-as-a-service model, allowing operators to streamline operations and reduce complexity and costs across all mission phases. It serves over 360 customers globally and employs more than 230 professionals across 6 locations worldwide.

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2025-05-27 13:02:18