With its modular and reusable orbital vehicle Nix, The Exploration Company aims to democratize access to space for European private actors.
Space is an expensive endeavour, traditionally reserved for governmental missions alone. Recently, a growing number of private actors have entered the scene. US and China have started a race to first exploit the resources of space. European players are lagging behind, struggling to realize highly relevant missions from wildfire detection to building space-based solar power plants.
That is why Hélène Huby, former Head of Innovation at Airbus Defence and Space, founded The Exploration Company, probably Europe’s most ambitious space startup. Her mission is to shape sustainable, scalable, and affordable space journeys made in Europe. While a commercial experiment in space usually takes three years to prepare and costs 100,000€ per kilogram, The Exploration Company can offer their services within six months, charging only 20,000€ for the same load. In addition, the company operates a space store that offers tech bricks for sale, with standardized and open interfaces to enable others to build on their platform.
This allows The Exploration Company to enable a vast variety of industries from Space, Agri-Biotech, Pharmaceutical to Chemical and Entertainment. For instance, stem cells grow faster and better in space, and space-based solar panels could solve the energy crisis once and forever.
Space is an expensive endeavour, traditionally reserved for governmental missions alone. Recently, a growing number of private actors have entered the scene. US and China have started a race to first exploit the resources of space. European players are lagging behind, struggling to realize highly relevant missions from wildfire detection to building space-based solar power plants.
That is why Hélène Huby, former Head of Innovation at Airbus Defence and Space, founded The Exploration Company, probably Europe’s most ambitious space startup. Her mission is to shape sustainable, scalable, and affordable space journeys made in Europe. While a commercial experiment in space usually takes three years to prepare and costs 100,000€ per kilogram, The Exploration Company can offer their services within six months, charging only 20,000€ for the same load. In addition, the company operates a space store that offers tech bricks for sale, with standardized and open interfaces to enable others to build on their platform.
This allows The Exploration Company to enable a vast variety of industries from Space, Agri-Biotech, Pharmaceutical to Chemical and Entertainment. For instance, stem cells grow faster and better in space, and space-based solar panels could solve the energy crisis once and forever.
Location: Germany
Total raised: $785.78M
Investors 6
| Date | Name | Website |
| - | Vsquared V... | vsquared.v... |
| - | Expansion ... | expansion-... |
| - | Stellar Ve... | svc.vc |
| 18.04.2023 | EQT Ventur... | eqtventure... |
| 01.05.2023 | Partech Pa... | partechpar... |
| 27.01.2022 | Cherry Ven... | cherry.vc |
Funding Rounds 4
| Date | Series | Amount | Investors |
| 17.11.2025 | - | $175.42M | Plural VC |
| 20.11.2024 | Series B | $160M | - |
| 07.02.2023 | Series A | $444.83M | Possible V... |
| 18.11.2021 | - | $5.53M | - |
Mentions in press and media 41
| Date | Title | Description |
| 27.03.2026 | LEAP 71 and The Exploration Company Partner to Enhance Design Rocket Engines | LEAP 71, a Dubai-based computational engineering firm, and The Exploration Company (TEC), a European space venture, have formalized a five-year renewable partnership. Through this agreement, TEC gains licensing rights to LEAP 71’s Noyron RP... |
| 16.02.2026 | Mit diesen Startups startet Deutschlands Aufbruch ins All | Die Erschließung des Weltraums ist längst kein exklusives Spielfeld der USA mehr. Auch in der deutschen Startup-Szene hat sich NewSpace bzw. SpaceTech zu einem dynamischen Zukunftsfeld entwickelt. Wobei die Grenzen zum Boomthema DefenseTech... |
| 28.11.2025 | Germany unifies deeptech funding: DTCF to join HTGF in major VC platform overhaul | The German Federal Government plans to consolidate and strengthen financing for technology startups and scaleups. The DeepTech & Climate Fonds (DTCF) will be continued under the umbrella of High-Tech Gründerfonds (HTGF). By integrating ... |
| 21.11.2025 | Capital on Tap secures £500M, the second round of speakers for the Tech.eu Summit 2026, and how EQT uses AI | This week, we tracked more than 70 tech funding deals worth over €2.3 billion and over 10 exits, M&A transactions, rumours, and related news stories across Europe. In addition to this week's top financials, we've also indexed the most i... |
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| 21.08.2025 | Hades Mining Revolutionizes Europe's Resource Independence | Hades Mining, a Munich-based deeptech firm, secured €5.5 million in pre-seed funding. Project A led the round. The company tackles Europe's severe dependency on imported energy and critical minerals. Hades develops revolutionary drilling an... |
| 20.08.2025 | Hades Mining emerges from stealth with €5.5M Pre-Seed funding | Munich-based deeptech mining company Hades Mining has emerged from stealth and announced today that it has raised a €5.5 million pre-seed round led by Project A. Europe's energy and critical mineral demand are surging – driven by AI, electr... |
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| 23.07.2025 | +++++ Paul’s Job +++ KIWI +++ Kapitalmangel +++ Unicorn +++ Studium +++ raisin +++ | Was gibt’s Neues? In unserem #StartupTicker liefern wir eine kompakte Übersicht über die wichtigsten Startup-Nachrichten des Tages (Mittwoch, 23. Juli). #STARTUPLAND SAVE THE DATE: Am 5. November findet unsere zweite STARTUPLAND statt. Es e... |
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