{"id":14339,"date":"2021-07-06T06:54:46","date_gmt":"2021-07-06T04:54:46","guid":{"rendered":"https:\/\/ggba.swiss\/clearspaces-robot-cleaner-raises-chf-4-million\/"},"modified":"2023-07-04T13:40:19","modified_gmt":"2023-07-04T11:40:19","slug":"clearspaces-robot-cleaner-raises-chf-4-million","status":"publish","type":"post","link":"https:\/\/ggba.swiss\/en\/clearspaces-robot-cleaner-raises-chf-4-million\/","title":{"rendered":"ClearSpace\u2019s robot cleaner raises CHF 4 million"},"content":{"rendered":"<p>An <a href=\"https:\/\/www.epfl.ch\/en\/\" target=\"_blank\" rel=\"noopener\">EPFL<\/a> spin-off\u00a0focused on the development of\u00a0cornerstone\u00a0in-orbit technologies and\u00a0services\u00a0to enable a striving, resilient and\u00a0sustainable space\u00a0economy, <a href=\"https:\/\/clearspace.today\/\" target=\"_blank\" rel=\"noopener\">ClearSpace<\/a> has\u00a0announced the successful closing of its first round of financing of\u00a0CHF\u00a04\u00a0million.\u00a0\u00a0<\/p>\n<p>Founded in 2018, the Vaud-based start-up won <a href=\"https:\/\/ggba.swiss\/en\/epfl-spin-off-clearspace-enters-e86-million-contract-with-the-european-space-agency\/\" target=\"_blank\" rel=\"noopener\">a major contract<\/a> from the European Space Agency (<a href=\"https:\/\/www.esa.int\/\" target=\"_blank\" rel=\"noopener\">ESA<\/a>) to launch the first active debris removal mission.<\/p>\n<p>Over the past ten years, the number of satellites launched every year has increased tenfold to over 600 a year. At the same time, the rising amount of debris in space is a growing threat to the future and safety of space activity. Over 23,000 items of debris closely tracked.<\/p>\n<p><a href=\"https:\/\/ggba.swiss\/en\/numerous-western-switzerland-key-players-to-participate-the-first-ever-space-debris-removal-mission\/\" target=\"_blank\" rel=\"noopener\">In collaboration with renowned industrial partners<\/a>, the team focuses on developing state-of-the-art technologies for sensor fusion, autonomous navigation and space robotics, integrating them into an agile chaser. The mission called ClearSpace-1 is scheduled for 2025.<\/p>\n<p>The new capital injection in the amount of CHF 4 million will flow into the development of the robot cleaner and support the company\u2019s international activities.<\/p>\n<p>Luc Piguet, co-founder and CEO of\u00a0ClearSpace, comments on the fundraising: \u201cHaving the confidence of experimented investors such as\u00a0<a href=\"https:\/\/ventures.swisscom.com\/\" target=\"_blank\" rel=\"noopener\">Swisscom<\/a>,\u00a0<a href=\"https:\/\/dedicated.lu\/\" target=\"_blank\" rel=\"noopener\">Dedicated<\/a>,\u00a0<a href=\"https:\/\/www.theflyingobject.com\/\" target=\"_blank\" rel=\"noopener\">The Flying Object Fund<\/a>,\u00a0<a href=\"https:\/\/www.graphventures.com\/\" target=\"_blank\" rel=\"noopener\">Graph Ventures<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.uraniaventures.com\/\" target=\"_blank\" rel=\"noopener\">Urania Ventures<\/a>, along with various private investors and family offices, is a tremendous advancement for ClearSpace. Their commitment allows us to accelerate our efforts to build space sustainability for the future\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ClearSpace has raised CHF 4 million in its first financing round. The new capital adds up to the EUR 86 million already invested by the European Space Agency into the ClearSpace-1 mission.<\/p>\n","protected":false},"author":3,"featured_media":14340,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"mc4wp_mailchimp_campaign":[],"footnotes":""},"categories":[839],"tags":[894,897,899],"class_list":["post-14339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-en","tag-financing","tag-space","tag-sustainability"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ClearSpace\u2019s robot cleaner raises CHF 4 million - Greater Geneva Bern area<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/staging.ggba.swiss\/en\/clearspaces-robot-cleaner-raises-chf-4-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ClearSpace\u2019s robot cleaner raises CHF 4 million - Greater Geneva Bern area\" \/>\n<meta property=\"og:description\" content=\"ClearSpace has raised CHF 4 million in its first financing round. 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