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Tumbleweed raises €6.9M seed round led by PactVC

2 reports2 report sources1 hours agoUpdate

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Vienna-based Tumbleweed, which launched Austria's first commercial satellite four months ago, raised a €6.9M seed round led by PactVC. Vanagon Ventures, early backer Prototype Capital, EWOR and international investors and angels also joined. The company calls it the country's largest spacetech seed round. Missions start at €15,000 and include a Pod, development support, launch and operational support, with customers running experiments remotely and receiving data during flight. The funding is to support three flights in 2027 for more than 10 customers in medical research, biotech and agritech; from 2028 the Pod is to return with samples inside.

AI-generated from reports · 29 minutes agoUpdate

Latest updatesNov 3 16:00
Tumbleweed raises record €6.9M seed round to expand microgravity lab access

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Nov 3
  1. Tech.euTop Deals
    Tumbleweed raises record €6.9M seed round to expand microgravity lab access

    Austrian startup Tumbleweed raised a €6.9M seed round led by PactVC, which it calls the country's largest spacetech seed round.

  2. Tech Funding NewsTop Deals
    Tumbleweed raises €6.9M seed to fly lab experiments in orbit

    Vienna-based Tumbleweed raised a €6.9 million seed round led by PactVC.

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