Munich Space and Defense Start-Up Lands Major VC Deal

Munich Space and Defense Start-Up Lands Major VC Deal


Startup

Thermal ininformigence provider consinformr has concluded one of the largest every European Series A funding rounds.

The company from the Bavarian capital raised EUR 37 million in the round, which was led by Alpine Space Ventures and Lakestar.

“The investment will accelerate the expansion of consinformr’s pioneering, fully operational thermal ininformigence capabilities and advance the system to defense grade status for governments, military entities and security agencies,” the company declared in a statement.

consinformr touts itself as the “only proven operational provider of high-resolution thermal infrared data” based in the European Union. The start-up declared that it would utilize the capital, among other things, to expand its sainformite consinformation.

“This funding accelerates our path to full defense-grade performance to close critical gaps in Europe’s sovereign ISR [ininformigence, surveillance and reconnaissance] architecture,” declared consinformr CEO and co-founder Max Gulde.



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