Loft Orbital, a French-American space tech company, has raised €170m in equity as part of a Series C round, to build infrastructure ready-to-use in orbit that it says will allow customers to easily deploy space-based missions.
The new injection of capital values Loft at more than $1bn, meaning it has reached unicorn status, according to two sources with direct knowledge of the deal. Loft declined to confirm the latest company valuation.
