Dcubed, the German Spacetech Firm, Raises Oversubscribed Series A Funding

Dcubed, a leading German spacetech supplier based in Munich, has successfully closed its Series A funding round, achieving an impressive oversubscription of 26%. The company is dedicated to making space missions more accessible and efficient by developing high-quality, durable, and cost-effective technologies, including release actuators, solar arrays, and deployable structures. Utilizing patented shape-memory technology and innovative origami structures, Dcubed’s products excel in terms of cost-effectiveness, reduced mass and volume, and enhanced reliability, durability, and reusability.

Operating with a robust European supply chain, Dcubed caters to a diverse global customer base, servicing clients in over 20 countries across four continents. This successful funding round was led by Expansion, a prominent Franco-Swedish venture capital fund that focuses on New Space and New Air Mobility, alongside BayBG Venture Capital. Other notable co-investors included High-Tech-Gründerfonds, Rymdkapital, VENTIS Capital, Decisive Point Europe, and Aurelia Foundry.

Thomas Sinn, the CEO of Dcubed, expressed his excitement about the successful funding round, stating, “Despite a tight global finance environment, investors notably oversubscribed to our Series A round. This funding round proves that the market trusts our capabilities. Together with our global investors, we now have a solid foundation to boost future growth in the booming space market.” He elaborated that the new funds would allow the company to quadruple the production of its existing product range, while also enabling Dcubed to pursue innovative projects in the field of in-space manufacturing—a sector seen as crucial for the advancement of future space applications.

Alois Ganter, Investment Manager at BayBG Venture Capital, highlighted the significance of this investment for both Dcubed and the broader NewSpace landscape. “Having funded over 100 companies in the past 20 years, Dcubed is the first NewSpace equity investment of BayBG VENTURE CAPITAL. Our decision reflects the crucial role that space technologies play in driving all sectors on Earth – from connectivity and mobility to security and sovereignty. Dcubed has built a strong position while entirely financing its past growth via customer orders. The NewSpace race has started, and, together with Dcubed and our co-investors, we are glad to take a pole position.”

The newly acquired funding will primarily be directed towards scaling the production of satellite actuators, which are essential components for modern space missions. In parallel, Dcubed is committed to solidifying its position as a leader in in-space manufacturing, a rapidly emerging field that is essential for enabling future space applications. To support these strategic objectives and expand its footprint in the world’s largest space market, Dcubed plans to open a new office in the United States, marking a significant milestone in its growth strategy.

This expansion into the U.S. market is a strategic move that reflects the company's commitment to tapping into the vast opportunities available in the space industry. By establishing a presence in the U.S., Dcubed aims to foster closer relationships with key stakeholders, including government agencies, aerospace companies, and research institutions, which are vital for driving innovation and collaboration in the spacetech sector.

In summary, Dcubed's successful Series A funding round not only highlights the confidence investors have in the company’s capabilities but also positions it strategically to take advantage of the burgeoning space market. With a clear focus on expanding production and exploring new avenues in in-space manufacturing, Dcubed is poised to make significant contributions to the future of space exploration and technology.