The German launcher has fresh capital, a clear pitch, and a technology bet that’s different from its peers. The question is whether a hybrid, paraffin-and-LOX “flexible taxi” can outmanoeuvre today’s cheap rideshares and rebuild Europe’s independence from the bottom up.
The news
HyImpulse, a Heilbronn-based launcher building a hybrid-propulsion small rocket, has raised €45 million: €15 million in Series A equity led by Campus Founders Ventures and €30 million in public financing. The company says the money will accelerate commercialization of its three-stage SL1 vehicle and expand production capacity. Since 2018, total funding now stands at roughly €74 million.
