Vector, a U.S.-based microsatellite launch company, announced that it has secured $70 million in a Series B funding round.
This latest investment follows a surge in enthusiasm around Vector's approach to the space industry and will help further its vision to fundamentally change the way space is accessed.
The funding round was led by U..S-based financial services company Kodem Growth Partners, in conjunction with Morgan Stanley Alternative Investment Partners.
Existing investors Sequoia Capital, Lightspeed Venture Partners and Shasta Ventures also participated in the round.