# Orbex

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/orbex

- Industry: Aerospace
- Headquarters: Forres, UK
- Website: www.orbex.space/
- Total disclosed funding: $87M
- Latest round: Series D (Jan 28, 2025)
- Investors on record: 11

## About

Based in Forres, UK, and founded in 2015 by co-founders Kristian von Bengtson and Christopher Larmour, Orbital Express Launch Limited, trading under the name Orbex, operates as a space launch services company that provides orbital launch solutions to clients in the aerospace and satellite sectors. In January 2025, Orbital Express Launch Limited raised GBP 20 million in series D funding from new investors Octopus Ventures, Export and Investment Fund of Denmark, and UK Government Investments, with participation from individual investors.

The company provides a wide range of launch services, such as dedicated and responsive orbital launches, flexible mission profiles, and advanced launch vehicles like the Orbex Prime. Additionally, the firm also offers supporting services, including payload integration, mission management, and environmental sustainability initiatives. Orbex generates revenue by offering commercial satellite launch services using its eco-friendly Prime rocket, securing contracts with space, defense, and technology clients for orbital missions.

The company plans to use its proceeds from January 2025 to advance regular orbital launches, develop its thriving space sector, and attract global investments.

## Funding rounds

- Series D, Jan 28, 2025, $25M — Octopus Ventures, UK Government Investments, Export and Investment Fund of Denmark
- Series C, Apr 7, 2024, $21M — Heartcore Capital, BGF Investment Management, Octopus Investments, Scottish National Investment Bank, Export and Investment Fund of Denmark
- Series C, Oct 11, 2022, $41M — Heartcore Capital, Vaekstfonden, High-Tech Gruenderfonds, BGF Investment Management, Jacobs Solutions Inc., Octopus Investments, Verve Ventures, Scottish National Investment Bank

## Investors

- Heartcore Capital (https://capitalatlas.ai/funds/heartcore-capital) — Series C
- Vaekstfonden (https://capitalatlas.ai/funds/vaekstfonden) — Series C
- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Series C
- BGF Investment Management (https://capitalatlas.ai/funds/bgf-investment-management) — Series C
- Jacobs Solutions Inc. — Series C
- Octopus Investments (https://capitalatlas.ai/funds/octopus-investments) — Series C
- Verve Ventures (https://capitalatlas.ai/funds/verve-ventures) — Series C
- Scottish National Investment Bank — Series C
- Export and Investment Fund of Denmark (https://capitalatlas.ai/funds/export-and-investment-fund-of-denmark) — Series C, Series D
- Octopus Ventures (https://capitalatlas.ai/funds/octopus-ventures) — Series D
- UK Government Investments — Series D