Orbit advises KfW Capital in TEC co-investment under ScaleUpDirect.

KfW Capital has invested in The Exploration Company (TEC) alongside Cherry Ventures under #ScaleUpDirect, the co-investment instrument of the Germany Fund for high-growth technology companies. The investment supports TEC's mission to build Europe's next generation of space transportation infrastructure, including reusable spacecraft and propulsion systems for cargo and human spaceflight.

ScaleUpDirect continues to demonstrate its ability to mobilise private capital for strategically relevant European technology companies and to strengthen growth-stage financing across key innovation sectors.

Team

Dr. Joachim Mogck (Partner, LP Advisory, Tax) and Francesc Lloveras Calvo (Senior Fund Associate, LP Advisory).

‍

About KfW Capital

As a public investor, KfW Capital invests on the same terms as private investors and supports VC managers by further attracting private money to mobilise significant funds for financing German growth companies. At the same time, KfW Capital’s Sustainability Policy and ESG criteria are implemented during fund investments to promote positive investment impact and sustainable growth. For more information, please visit KfW Capital.

About Orbit

Orbit offers client-centered legal advice in all areas of fund law and investments in alternative assets. Fund managers and investors rely on Orbit and its team of experienced fund advisors. Orbit covers structuring, regulatory, tax, investment advice, compliance, and fund due diligence as well as secondary transactions.

Orbit | All. About. Funds.