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Europe’s Space Startup Seeks $300M | Durham News
A European space startup, The Exploration Company, is eyeing a blockbuster $300M funding round that could push its valuation past $2B—just five years after its last $160M raise. The move comes as the EU’s new Scaleup Europe Fund steps in, aiming to keep top European ventures homegrown instead of fleeing to Silicon Valley. With a critical contract from the European Space Agency to deliver cargo returns before the ISS retires in 2030, the company is also expanding to Houston to tap U.S. markets. Meanwhile, ESA is hedging by awarding a similar contract to Thales Alenia Space. This funding battle…
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