After securing €158.9 million ESA award, PLD Space adds €108 million to Series C, bringing round to €288 million
PLD Space, an Elche-based space transportation company, today announced that it has extended its Series C funding round, originally launched in March 2026, with an additional €108 million investment. The Series C extension was led once again by Mitsubishi Electric Corporation. The Spanish public funds management company COFIDES is co-investing again following its participation in […] The post…
Spanish space transportation company PLD Space has extended its Series C funding round by €108 million, bringing the total to €288 million. This investment was led by Mitsubishi Electric Corporation, with COFIDES as a co-investor and additional participation from Endeavor Catalyst, Endeavor’s global venture capital fund, Spain Oman Private Equity Fund (SOPEF), Banco Santander, and Deloitte.
PLD Space's Executive President, Ezequiel Sánchez, explained that the funding will strengthen the company's ability to transition into a global commercial launch provider while maintaining financial discipline. The extension comes after the company secured a €158.9 million award from the European Space Agency (ESA) under the European Launcher Challenge (ELC) earlier this year.
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