European space company The Exploration Company (TEC) has raised $450 million in Series C funding to
advance its reusable space transportation systems and expand its operations.
The round was co-led by Bessemer Venture Partners, Atomico and the Scaleup Europe
Fund, managed by EQT, with participation from existing investors including
Balderton, Plural, Cherry and Red River West. Bessemer's Alex Ferrara will join













