Smallsat launch service startup Vector raises $70 million in Series B led by Kodem

by Peter B. de Selding

PARIS — Small-satellite launch service provider Vector has raised $70 million in a Series B funding round led led by Kodem Growth Partners, bringing to $123.8 million in 10 funding rounds since April 2016.

It is the latest demonstration that the investment climate remains robust for startup rocket companies, of which there are many.

Morgan Stanley Alternative Investment Partners also took part in the funding, alongside existing investors Sequoia Capital, Lightspeed Venture Partners and Shasta Ventures in the B-round.

Vector, which has been . . .

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