SWISSto12 closes $70M Series C to meet growing multi-orbit demand
What's the deal? Swiss satellite maker SWISSto12 has closed a $70 million Series C round to expand its multi-orbit satellite business. The Renens-based company, founded by Emile de RijkDealroom has a profile for this one. Try Dealroom →, builds satellites and radio-frequency products serving demand across multiple orbits, and confirmed both new and returning investors participated.
Why now? The raise lands amid rising demand for sovereign space infrastructure, as governments and operators seek independent access to satellite capacity. It follows $84.8 million SWISSto12 secured from European Space AgencyDealroom has a profile for this one. Try Dealroom → member states through the HummingSat ARTES partnership.
What's the endgame? The fresh capital funds an expansion of SWISSto12's manufacturing and integration capacity for its HummingSat small GEO satellites and HummingLink multi-orbit payloads. The company has signed seven HummingSat contracts, including deals with operators SES and ViasatDealroom has a profile for this one. Try Dealroom →, and reported $140 million in 2025 revenue, positive EBITDA in 2026, and more than $500 million in signed contracts.
The signal: The round reflects growing investor appetite for European space companies as sovereign infrastructure becomes a strategic priority across the continent.
Read more: Business Wire, Tech Funding News, EU-Startups
