Summary
- Latham & Watkins LLP has advised Balerion Space Ventures on a US$25 million Series B funding round for Dawn Aerospace.
- The New Zealand-Dutch space transportation company achieved a post-money valuation of US$195 million, with plans to accelerate its Aurora spaceplane development and conduct an in-space refueling demo.
- Investors in the round included Mana Ventures, ANA Future Frontier Fund, and NZVC, among others from New Zealand, Japan, and the US.
- This funding marks a significant step forward for Dawn Aerospace in the competitive space industry landscape.
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