C
ClearSpace
In-orbit service missions to enable a vibrant, resilient, and sustainable space industry
About ClearSpace
ClearSpace is a pioneering startup operating in the space exploration industry with a focus on sustainability. The company's primary mission, ClearSpace-1, aims to remove debris from Earth's orbit, a world-first initiative that addresses the growing problem of space junk threatening future space exploration. The company's services are crucial to the sustainability of the space industry, serving clients such as the European Space Agency (ESA) and other space exploration entities.
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The market ClearSpace operates in is unique and rapidly expanding, driven by the increasing launch rate of new satellites to meet the growing demand for satellite-based services like telecommunications and earth observation. However, this growth also leads to a rise in space debris, creating a need for ClearSpace's services.
ClearSpace's business model revolves around developing and deploying advanced technologies to autonomously manage space debris. Unlike past methods that required astronaut-led missions to manually capture and repair abandoned satellites, ClearSpace's technology aims to capture debris to either remove it from orbit or refuel it to extend its life. This autonomous approach could potentially revolutionize the way space debris is managed, making space exploration safer and more sustainable.
The company generates revenue through contracts with space agencies and other entities interested in maintaining the sustainability of space activities. In 2020, the ESA and eight of its member states mandated the first debris removal mission in history to ClearSpace, demonstrating the demand for the company's services.
At a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Renens, Switzerland
- Employees
- 94
- Open positions
- 24
- Dealroom signal
- 73.4/100
- Sector
- Space, Spinout, Space Tech, Esa Bic, ESA, ESA SME, In-Space Operations, Spacecraft Servicing and Debris Removal, Mission Planning and Control, Space Upstream, Hard Tech
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANT✓Other financing | Sep 2024 | $3M | — | Government of the United Kingdom | ↗ |
| LATE VC✓Equity / VC | Jan 2024 | $0 | — | Business Angels Switzerland | — |
Growth signals
Latest recorded traffic for ClearSpace is 14K monthly website visits, down 6.7% over the last three months. ClearSpace's team grew 3.3% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed10 investors entered at this stage
Fondation FIT
Graph Ventures
Dedicated Venture Capital
Urania Ventures
Swisscom Ventures
Sequoia
Gaingels
Thilo Konzok
Nextblue
Government of the United Kingdom
Series A6 investors entered at this stage
Series B and later1 investor entered at this stage
Business Angels Switzerland
Other known investors7 additional known investors
EPFL Swiss Federal Polytechnic School of Lausanne
ESA BIC Switzerland
Luxembourg-City Incubator
4Ventures
Kluz Ventures
SICTIC
The Flying Object
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about ClearSpace on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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