Betterfront is pleased to announce that its customer Reflex Aerospace has held the first close of €7m for its seed financing round. The Munich and Berlin-based company delivers tailor-made, high-performance small satellite platforms to an order of magnitude faster than anyone else on the market. The round was led by Alpine Space Ventures and the High-Tech Gründerfonds and will go toward setting up production and talent hiring, with the goal to launch in space by 2024.
Betterfront’s fundraising platform has been very helpful in reaching this first close. The platform is easy-to-use for both the user and the investors, and we have enjoyed the deep engagement insights and advanced granular controls it provides. Betterfront is our go-to platform to build and maintain thriving relations with all our investors.
About Reflex Aerospace
Reflex Aerospace was founded in 2021. The Berlin and Munich-based NewSpace start-up aims to modernize the market with high-performance satellites tailored to individual needs. Through software-based operations and service-oriented offers, the company meets the needs of its customers faster, at a significantly lower cost, and more flexibly than established NewSpace manufacturers today. Together with its partner companies Mynaric, Isar Aerospace, and SES, Reflex Aerospace is a shareholder in the joint venture UNIO, which aims to build a European satellite constellation for broadband internet.
More information at: www.reflexaerospace.com
About Betterfront
Betterfront is a fundraising platform dedicated to venture capital and private equity. The platform helps fund managers attract, engage and win institutional investors using advanced data analytics. With 90% of allocators ranking track record as the most important factor when considering a fund manager, Betterfront’s fundraising platform helps fund managers tell a differentiated story in a way no other data room provider can. To learn more about it, visit Betterfront.io and book a demo.
More information at: betterfront.io
