Balerion Space Ventures: Investment Portfolio & Startup News

Balerion Space Ventures

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Investment Portfolio

Magdrive raises £8m seed funding led by Redalpine for its next-generation spacecraft propulsion system

25 Feb 2025

Magdrive raises £8m seed funding led by Redalpine for its next-generation spacecraft propulsion system

Magdrive develops high-thrust electric propulsion systems for satellites using solid metal propellants, enabling more efficient manoeuvring, longer missions and future in-space servicing and manufacturing.

Balerion Space Ventures

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Balerion Space Ventures: Investment Portfolio & Startup News

Investment Portfolio

Magdrive raises £8m seed funding led by Redalpine for its next-generation spacecraft propulsion system

More venture news

IMS Solutions raises a £1.1m seed round led by Midlands Mindforge to develop steroid tests for cancer and PMOS

OneClickComply raises £1m seed round led by Mercia Ventures to automate cyber security compliance for businesses

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