The article states the round was led by two investors, but their names are missing in the provided content. The company is preparing its first in-space demonstration mission and has secured early reservation agreements with satellite operators.
About PAVE Space
PAVE Space is a space logistics startup developing a fleet of high-performance orbital transfer vehicles (OTVs) that can move satellites between orbits in less than 24 hours.
Lausanne, Switzerland
Read Company ProfileFrequently Asked Questions
What type of funding round did PAVE Space raise?
PAVE Space raised a seed round.
How much did PAVE Space raise in its seed?
PAVE Space raised $40,000,000 USD in its seed.
Who invested in PAVE Space's seed?
The investors in PAVE Space's seed are: Lombard Odier Investment Managers, Atlantic Labs, SistaFund, b2venture, ACE Investment Partners, Ilavaska Vuillermoz Capital, Pareto & Motier Ventures.
What type of investment was PAVE Space's seed?
PAVE Space's seed was a equity investment.
How will PAVE Space use the funds from its seed?
PAVE Space plans to use the funds for: accelerate development of orbital logistics platforms, conduct initial demonstration missions, expand the engineering team, prepare for first commercial deployments.