Astrocast closes oversubscribed seed financing round

Astrocast closes oversubscribed seed financing round

14.12.2017 Astrocast, a Vaud based nanosatellite startup, has announced the oversubscription by $1.1 million Swiss Francs of its seed round funding, bringing the total seed round to $4.1 million. The additional capital was provided by investiere.ch in addition to the current seed investors. The funds will be used in preparation for planned demonstration mission, in which the first two nanosatellites will be launched.

Read more…