What is Exotrail?
Founded in 2017, Exotrail is at the forefront of developing advanced mobility solutions for small satellites. The company's comprehensive product suite includes the ExoMGTM propulsion systems, ExoOPSTM mission simulation and operation software, and the SpaceVanTM orbital transfer vehicles. These offerings are designed to facilitate precise satellite deployment, in-orbit adjustments, and efficient mission management. By enabling satellites to move and operate more effectively in space, Exotrail aims to unlock new possibilities in telecommunications, Earth observation, and space exploration, while also addressing the critical issue of space pollution.
How much funding has Exotrail raised?
Exotrail has raised a total of $75.1M across 3 funding rounds:
Unspecified
$4.1M
Series A
$13M
Series B
$58M
Unspecified (2018): $4.1M with participation from 360 Capital Partners
Series A (2020): $13M led by Innovacom, NCI-Waterstart, 360 Capital, iXO Private Equity, Turenne Capital, Bpifrance, Irdi Soridec Gestion, and Karista
Series B (2023): $58M supported by Eurazeo, IRDI Capital Investissement, 360 Capital Partners, BNP Paribas, and Bpifrance
Key Investors in Exotrail
Eurazeo
Eurazeo is a global investment company with a strong presence in private equity and venture capital, supporting companies of all sizes in their development through deep sector expertise and a gateway to global markets.
Bpifrance
Bpifrance is a French public investment bank that finances companies at every stage of their development, supporting innovation projects and international expansion.
360 Capital Partners
360 Capital Partners is a Venture Capital firm investing in innovation across Europe, with a focus on France and Italy, leveraging extensive experience and an international network to support portfolio companies.
What's next for Exotrail?
The substantial enterprise-level backing and recent strategic investment position Exotrail for significant expansion and technological advancement. With a clear focus on scaling its operations and further developing its innovative mobility solutions, the company is poised to capture a larger share of the burgeoning small satellite market. This capital infusion will likely fuel research and development, enhance manufacturing capabilities, and broaden market reach, solidifying Exotrail's role as a key enabler of next-generation space missions and sustainable orbital activities. The company's strategic partnerships and continued technological innovation will be crucial in navigating the evolving landscape of space exploration and commercialization.
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