The Exploration Company raised a €387 million ($450 million) Series C — described as the largest Series C raised by a European space company — representing a follow-on financing to advance its reusable space transportation platform. The round was co-led by Bessemer Venture Partners, Atomico, and the Scaleup Europe Fund managed by EQT, with participation from existing European backers Balderton, Plural, Cherry and Red River West. Proceeds will advance its Nyx reusable capsule toward a mission to dock with the International Space Station and return to Earth and accelerate development of its high-thrust reusable Storm rocket engine; the announcement disclosed no specific revenue, client, pipeline or employee count metrics.