Accel, Prosus, YourNest Venture Capital, BlueHill Capital, Campus Fund, and Riceberg Ventures also participated in the funding round. The maker of reusable rockets plans to fly its 35-metre-tall technology demonstrator vehicle (TDV), consisting of an eight-engine booster and an upper stage, in 2027, primarily to gather flight data, followed by the first flight of its full-scale commercial launcher, the reusable Razor Crest Mk-1, by the end of 2028, and begin commercial operations thereafter.
