Barcelona-based startup Pangea Aerospace has successfully raised €23 million in a Series A funding round led by Hyperion Fund, which is embarking on its investment phase focusing on aerospace and other tech sectors. This fundraising round, also supported by existing investors and notable individuals like former Ariane Group CEO André-Hubert Roussel, will allow Pangea to enhance its capabilities in manufacturing, integration, and testing. With expertise in advanced propulsion systems, the company aims to develop sustainable and cost-effective technologies for the aerospace sector, including projects with the European Space Agency.
Pangea Aerospace has secured €23M in a Series A investment led by Hyperion Fund, enhancing its capabilities in advanced propulsion technology for the aerospace industry.
The investment will accelerate Pangea Aerospace's expansion in Europe and improve its manufacturing, integration, and testing capabilities, contributing to more efficient and reusable rockets.
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