Clipperton acted as sole financial advisor to Exotrail, a fast-growing New Space company pioneering end-to-end space mobility, on its $58 million Series B. Bpifrance (SPI and Defense Innovation Fund), Eurazeo and CELAD invested in the round, with the participation of historical investors.
Exotrail’s new $58M Series B round is a landmark transaction in the Space Tech industry globally. It is further evidence of Clipperton’s expertise in the New Space segment after the $20m Series B of Preligens (a Security & Defence AI software company). It also highlights the firm’s unique know-how in accompanying advanced hardware scale-ups in their financial transactions, as shown by recent transactions successfully concluded for Flyability (CHF 15 million round) and Solem (majority investment from Quilvest).
February 7th, 2023 - Exotrail has been expanding its international presence – with a strong focus on the USA and Asian markets – and is displaying three-digit growth and a contract backlog that was multiplied by three last year.
