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Announced

Completed

Lakestar led a $90m series B round in Isar Aerospace.

Financials

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Transaction Value£65m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Minority

Friendly

Completed

Cross Border

Aerospace

Single Bidder

Germany

Acquisition

Private Equity

space technology

Private

space travel

Venture Capital

Synopsis

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Lakestar, a private equity firm, led a $90m series B round in Isar Aerospace, a space technology startup. Additional investors include Earlybird and Vsquared Ventures; Airbus Ventures, former SpaceX Vice President Bulent Altan, Christian Angermayer’s Apeiron, UVC, HV Capital, Ann-Kristin and Paul Achleitner. Isar Aerospace plans to use the money to continue its research, development and production en route to its first commercial launches, planned for early 2022.

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