SpaceTech VC Investments in May 2025
Check out the list of SpaceTech VC deals in May 2025.
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Here is a list of 9 SpaceTech VC deals Space Ambition identified in May 2025. Our analysis excludes military and dual-use applications, aviation, drone startups, and Chinese companies.
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Contact us at denis@spaceambition.org—we’d be happy to assist. Good luck with your future endeavors!
Series A+ Deals
Firefly Aerospace (US) raised a $50M Corporate round (total funding: $797M). The company develops and operates launch vehicles, lunar landers, and orbital vehicles for commercial missions.
X-Bow Launch Systems (US) raised a $35M Series B (total funding: $195M). The company builds solid rocket motors.
Solestial (US) raised a $17M Series A (total funding: $30M). The company provides solar power modules for space.
Zeno Power (US) raised a $50M Series B (total funding: $94.9M). The company develops nuclear batteries for space and Earth applications.
EnduroSat (Bulgaria) raised a €43M Series B (total funding: €69M). The company designs and engineers spacecraft for business applications and space exploration missions.
Reflect Orbital (US) raised a $20M Series A (total funding: $28.7M). The company develops a satellite constellation for reflecting sunlight from space to Earth, even when the sun sets.
Pre-seed and Seed Deals
EtherealX (India) raised an Undisclosed Seed (total funding: $5M). The startup is currently building the world's first fully reusable medium-lift launch vehicle.
PiLogic (US) raised a $4.1M Seed Round (total funding: $4.1M). The company is developing a dual-use solution revolutionizing aerospace by delivering precise, efficient, and mathematically grounded AI solutions.
Astrolight (Lithuania) raised a €2.8M Seed (total funding: €2.8M). The company builds optical communication systems to bridge the connectivity gap between space and Earth.
Ecosmic (Italy) raised an Undisclosed Seed (total funding: €1.1M). The startup is building space traffic management software.
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At Space Ambition, we believe SpaceTech investment will present major opportunities over the next decade. If you share our vision and want to discuss promising niches, feel free to reach out at denis@spaceambition.org—we’d love to chat!
Fantastic and very much appreciated post for those monitoring this very exciting time in aerospace!!