SWISSto12 Closes US$70 Million Series C to Meet Growing Multi-Orbit Demand

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RENENS, Switzerland--(BUSINESS WIRE)-- #Funding--SWISSto12, a leading enabler of the new space economy, today announced the close of its $70 million (€61 million) Series C. This news follows the award of $84.8 million (€73 million) from European Space Agency (ESA) Member States to the HummingSat ARTES partnership project, through which ESA supports SWISSto12 in the development and in-orbit validation of HummingSat. The Series C fundraise follows a period of sustained commercial growth for the company, wit