PARIS — German small-launcher startup Isar Aerospace, a showcase example of a successful startup raising funds from public and private sources, is converting its regulatory status from a GmbH to an SE, which is often prelude to an initial stock offering.
Munich-based Isar has raised $330 million from several funding rounds, including a specular Series C round of $165 million (150 million euros) in March 2023 that remains a high-water mark for European launcher startups, of which there are about a dozen.
But Isar, which has 300 employees, has told investors in the past that it . . .
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