HyImpulse Technologies GmbH has raised 45 million euros in new funding to advance development of its hybrid-propelled SL1 orbital launch vehicle and expand its production capacity, marking a milestone for European-made rocket technology.
The funding consists of a 15 million euro Series A equity round, led by Campus Founders Ventures, and an additional 30 million euros in public financing. Since its establishment in 2018, HyImpulse has raised about 74 million euros in total.
Campus Founders Ventures led the equity round, joined by Helantic, GIMIC, Global Resilience Innovation Fund (GRIF), Mittelstandische Beteiligungsgesellschaft Baden-Wurttemberg, Start-up BW Innovation Fonds, Sparkassen-Beteiligungsgesellschaft Heilbronn-Franken, Vienna Point and BTRON.
"Europe does not have its own ac