Series C extension · Space tech
PLD Space adds €108m to Series C, bringing round to €288m
Mitsubishi Electric led the extension, with COFIDES returning and Endeavor Catalyst and SOPEF joining.
The additional equity brings aggregate company funding to €488m. The €108m extension is separate from the €180m initial Series C launched in March.
PLD Space plans to industrialize MIURA 5, increase production and test capacity, expand launch infrastructure and transition toward commercial operations.
The company has more than 500 employees. Its vertically integrated engineering, testing and manufacturing provide the base for the next production phase.
Use of funds
MIURA 5 industrialisation
Increase production and test capacity
Expand launch infrastructure
Transition to sustainable commercial operations