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

Synopsis

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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