deltaVision, a profitable fluidic systems manufacturer based in Munich, has raised €10.2 million. The company says its edge comes from being able to scale production quickly, not from having better technology than US competitors.

The company, which has 134 employees, plans to launch its first integrated refuelling payload into orbit in March 2027.

KT Ventures and Valemount Capital led the funding round, putting in more money after an earlier convertible loan. Futury Capital and several family offices also joined the round.

Alex Plebuch worked for years at major European aerospace companies, where he often saw propulsion subsystem failures. “I suffered a lot with technical problems,” he tells Tech Funding News.

This frustration led them to start deltaVision, the Munich-based fluidic systems company, which has now raised €10.2 million in its first external funding round, led by KT Ventures and Valemount Capital, both increasing their stakes after an earlier convertible loan.