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HyPrSpace, based in Talence, France, develops innovative hybrid rocket propulsion systems for space launchers, including the OB-1 micro-launcher designed to place 250–300 kg payloads into low Earth orbit. The company has secured significant venture funding, including $1.16 million (€1.1 million) in seed funding and an oversubscribed €21 million Series A equity round. Lead investors include Geodesic, Bpifrance (via its French Tech Seed and DeepTech 2030 funds), and Red River West, with support from the French space agency CNES through a launch contract. HyPrSpace aims to industrialize its hybrid propulsion technology for both civilian and defense aerospace applications, focusing on the microsatellite market. Founded in 2019, the company was established by Alexandre Mangeot, Sylvain Bataillard, and Vincent Rocher.
HyPrSpace has raised $24.4M across 1 funding round.
HyPrSpace has raised $24.4M in total across 1 funding round.
HyPrSpace has raised $24.4M in total across 1 funding round.
HyPrSpace's investors include Jean Philippe Richard, Luc-Emmanuel Barreau, NACO, Charles Beigbeder.
HyPrSpace has raised $24.4M across 1 funding round. Most recently, it raised $24.4M Series A in November 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 17, 2025 | $24.4M Series A | Jean Philippe Richard, LUC Emmanuel Barreau | Naco, Charles Beigbeder | Announced |
