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Round announcement
uktech.news
Magdrive Raises 10 5m Seed Funding For Sustainable Space Exploration
tech.eu
Magdrive Propulsion Startup Raises 10 5m Seed Funding
spacewatch.global
Space Propulsion Startup Magdrive Raises 105m Seed Funding To Enable A New Era Of Sustainable Space Exploration
harwellcampus.com
Magdrive Propels Us Expansion With 10 5m Seed Round
payloadspace.com
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Seed round (2.6×).
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
All-new money, no prior investors re-upped.
Investor track record
A mix of established and emerging investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.