What is Clearspace?
Founded in 2018 and headquartered in Renens, Switzerland, Clearspace operates at the intersection of aerospace engineering and environmental stewardship. The company specializes in On-Orbit Servicing and Space Debris Removal, providing essential infrastructure to mitigate the risks posed by defunct satellites and fragmented hardware in low Earth orbit. As a leader in the SpaceTech domain, Clearspace has established a robust market position by developing proprietary capture technologies designed to safely de-orbit hazardous objects. Their technical expertise and strategic alignment with international space agencies position them as a cornerstone of the modern space economy, where orbital safety is increasingly viewed as a prerequisite for commercial and governmental space operations.
How much funding has Clearspace raised?
Clearspace has raised a total of $33.2M across 2 funding rounds:
Unspecified
$4.4M
Series A
$28.8M
Unspecified (2021): $4.4M with participation from The Flying Object Fund, Dedicated, and Swisscom
Series A (2023): $28.8M led by Swisscom Ventures, 600 T Space Investments, OTB Ventures, Happiness Capital, Luxembourg Future Fund, Lakestar, and In-Q-Tel
Key Investors in Clearspace
OTB Ventures
OTB Ventures is a venture capital fund focused on elevating European deep-tech startups, particularly in the areas of Enterprise AI and Data, SpaceTech, and Novel Computing.
Lakestar
Lakestar is a venture capital firm dedicated to partnering with visionary tech entrepreneurs to fund innovative ideas and companies that shape modern life, with a focus on Deep Tech and Digitalisation.
In-Q-Tel
In-Q-Tel is a strategic investment firm that acts as the U.S. national security community's venture arm, identifying and investing in early-stage commercial technology companies to deliver capabilities in space and AI.
What's next for Clearspace?
With the successful closure of its Series A round, Clearspace is entering a pivotal phase of industrial scaling and mission execution. The strategic capital will be directed toward the refinement of its robotic capture systems and the expansion of its operational capacity to meet the growing demand for space traffic management solutions. As the global space industry shifts toward more sustainable practices, Clearspace is well-positioned to capitalize on regulatory mandates and commercial requirements for debris mitigation. Future growth will likely focus on deepening partnerships with national security entities and commercial satellite operators, further cementing the company's status as an indispensable provider of orbital maintenance and cleanup services in an increasingly crowded space landscape.
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