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Phone: +44 7505 909844
Total raised: $10.5M
Investors 1
| Date | Name | Website |
| - | 7percent V... | 7pc.vc |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 27.02.2025 | Seed | $10.5M | - |
Mentions in press and media 10
| Date | Title | Description |
| 27.11.2025 | The biggest European spacetech deals in H1 2025 | Europe’s new wave of spacetech companies is building a full-stack ecosystem in orbit and on the ground. Young ventures across Germany, France, the UK, Spain, Switzerland, the Baltics and beyond are developing everything from small and micro... |
| 11.04.2025 | Italy's Tech Renaissance: A Surge Amid Global Challenges | Italy is on the rise. The tech sector is thriving, defying global economic headwinds. In the first quarter of 2025, Italy raised over $315 million. This figure mirrors last year’s performance, signaling resilience. The enterprise value of t... |
| 09.04.2025 | Europe’s biggest seed rounds of Q1 2025: Top tech startups to watch | The Tech.eu Q1 2025 Report reveals that European tech companies raised €18.4 billion across 912 deals during the first quarter of 2025. Approximately 12.7 per cent of these companies successfully closed seed rounds, amounting to nearly half... |
| 28.02.2025 | Magdrive: Pioneering the Future of Space Propulsion | In the vast expanse of space, the quest for efficient propulsion is akin to finding a needle in a cosmic haystack. Enter Magdrive, a UK-based startup that’s turning the tide in spacecraft propulsion. With a recent funding boost of €9.9 mill... |
| 27.02.2025 | Magdrive Raises $10.5M in Seed Funding | Magdrive, a Harvell, U.K. electric propulsion startup, raised $10.5m in seed funding. Backers included redalpine, Balerion Space Ventures, Founders Fund, Alumni Ventures, 7percent Ventures, Outsized Ventures, and Entrepreneur First. The com... |
| 25.02.2025 | Spacetech Magdrive secures $10.5M for sustainable space exploration | Oxfordshire-based spacetech Magdrive has raised $10.5M seed funding round led by pan-European VC Redalpine for space propulsion systems. Founders Fund, who led Magdrive’s first funding round, and Balerion, Alumni Ventures, Outsized Ventures... |
| 25.02.2025 | From space junk to interplanetary travel: Magdrive’s €9.9 million funding for spacecraft propulsion | Oxfordshire-based Magdrive, a startup creating the next-generation of spacecraft propulsion, today announced its €9.9 million Seed funding round led by pan-European VC Redalpine. Founders Fund, who led Magdrive’s first funding round, and Ba... |
| 09.01.2023 | Max Q: Hitting the ground running | Hello and welcome back to Max Q! We’re hitting the ground running at TC HQ, and it seems the space industry is, too — there was a lot of news, which means a lot to get to in this issue! Read on for more. In this issue: A catch-up with Impul... |
| 02.01.2023 | Startups set to go to space for the first time on SpaceX’s Transporter-6 mission | SpaceX is poised to launch 114 payloads to orbit on a Falcon 9 tomorrow morning, the sixth mission of its smallsat rideshare program. But while the rocket company is now an old hand at launches – SpaceX just completed a record year with 61 ... |
| 30.11.2022 | Start-Up Sets Its Sights On Giving Extra Boost To Space Industry | Mark Stokes (left) and Tom Clayson believe their technology has the potential to revolutionise space ... [+] travel.Magdrive |