3 February 2023
Largest Series A financing in European Aerospace: Taylor Wessing advises The Exploration Company
Led by partners Dr Peter Hellich (Munich) and Dr Niclas von Woedtke (Hamburg), Taylor Wessing has advised spacetech start-up The Exploration Company on a €40 million Series A financing. The round was led by investors EQT Group and Red River West. The financing round is the largest Series A financing in the commercial space sector in Europe.
The German-French space start-up The Exploration Company is working to build a transport service for people and materials in space and to send a space capsule into space later this year. The company is headed by Hélène Huby, former head of innovation at Airbus subsidiary Defence and Space.
Legal advisor The Exploration Company
Taylor Wessing Germany: Dr Peter Hellich (Partner, Munich), Dr Niclas von Woedtke (Salary Partner), both joint lead, Dr Daniel Schrembs (Salary Partner, Munich), Fritz Krings (Associate, Munich), all Corporate/M&A, Rudi Hasenberg (Salary Partner), Elnaz Mehrkhah (Senior Associate) both Tax, both Frankfurt, Nico Jänicke (Partner, Employment, Pensions & Mobility, Berlin)
Legal advisor Red River West:
Hogan Lovells (Munich): Dr Volker Geyrhalter (Partner, Munich), Cornelius Naumann (Counsel, Munich); Hélène Parent (Partner, Paris)
Legal advisor EQT Group:
DLA Piper: Oliver Schmidt (Associate, Munich), Philipp Meyer (Senior Associate, Frankfurt a.M.)
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