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The Exploration Company

Aerospace and Defense · Gauting, Germany · Founded 2021 · Privately Held (backing)

Developer of a reusable spacecraft designed to make space exploration accessible. The Exploration Company is based in Gauting, Germany and was founded in 2021. It was valued at $471 million at its early-stage round in Dec 2024, the last priced event on record. It has raised $235 million across 1 recorded round; the latest was a $164 million Series B in Dec 2024.

PMV mark · valuation
$470.8M
Oct 2026
Priced at
its early-stage round
Dec 2024
Total raised
$234.9M
Last round
Early Stage VC (Series B)
Dec 2024

The Exploration Company key facts

as of Oct 2026
  • Developer of a reusable spacecraft designed to make space exploration accessible.
  • The Exploration Company is valued at approximately $470.8M as of Oct 2026, set at its early-stage round, Dec 2024; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $234.9M across 1 recorded rounds; the latest was Early Stage VC (Series B) ($163.8M) in Dec 2024.
  • Notable investors include Bpifrance, FJ Labs, Bessemer Venture Partners, AWS Startups, La French Tech — 36 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$470.8M

Valued at $470.8M at its early-stage round, Dec 2024. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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The Exploration Company funding rounds

1 rounds
Dec 2024Early Stage VC (Series B)$163.8M▮
Full funding history →

The Exploration Company valuation

The Exploration Company was valued at $471 million at its early-stage round in Dec 2024. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has The Exploration Company raised?

The Exploration Company has raised $235 million in total; 1 of its rounds is on record. The largest on record was a $164 million Series B in Dec 2024.

The Exploration Company investors

36 investors are on record for The Exploration Company, including Bpifrance, FJ Labs, Bessemer Venture Partners and AWS Startups. By type, the record holds 12 venture capital firms and 1 private equity firm. The Series B in Dec 2024 drew 16 investors.

Comparable companies

Comparable aerospace and defense names by valuation on PrivateMarketView: Fleet Space Technologies ($518 million), Hidden Level ($500 million) and TurbineOne ($300 million).

About The Exploration Company

Developer of a reusable spacecraft designed to make space exploration accessible. The company specializes in developing and operating a modular, reusable orbital vehicle, providing in-space experiments at a low price on the International Space Station to make space transport more affordable, sustainable, and available, enabling new space players to participate in the space exploration race.

Industry
Aerospace and Defense
Sector
Business Products and Services (B2B)
HQ
Gauting, Germany
Founded
2021
Employees
412
Ownership
Privately Held (backing)

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