TUPPER LAKE, NY — Startup satellite component builder Dcubed of Germany raised 4.4 million euros ($4.8 million) in Series A funding to ramp production of satellite actuators, develop an in-space manufacturing capability and open a U.S. office in Westminster, Colorado.
The company said the round was oversubscribed by 26%, a remarkable feat in a macro economic environment that has grown more challenging for startups.
Dcubed presented a compelling story of a company that already has customers for its satellite actuators and was now looking . . .
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