About Pangea Aerospace
Pangea Aerospace is a company based in Barcelona (Spain) founded in 2018 by Xavier Llairo, Nicola Palumbo, Rasmus Bergstrom, Adria Argemi Samso, and Federico Rossi.. Pangea Aerospace has raised $29.87 million across 7 funding rounds from investors including European Union, CDTI and Dozen. Pangea Aerospace offers products and services including Propulsion Systems, Rocket Engines, In-Space Propulsion, and Reusable Launchers Technologies. Pangea Aerospace operates in a competitive market with competitors including Rocket Lab, Astra, Firefly Aerospace, Skyroot and AgniKul, among others.
- Headquarter Barcelona, Spain
- Founders Xavier Llairo, Nicola Palumbo, Rasmus Bergstrom, Adria Argemi Samso, Federico Rossi
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Sectors
Aerospace, Defense & Maritime
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$29.87 M (USD)
in 7 rounds
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Latest Funding Round
$25.11 M (USD), Series A
Mar 18, 2025
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Investors
European Union
& 7 more
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Employee Count
Employee Count
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Products & Services of Pangea Aerospace
Pangea Aerospace offers a comprehensive portfolio of products and services, including Propulsion Systems, Rocket Engines, In-Space Propulsion, and Reusable Launchers Technologies. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Develops efficient systems for spacecraft propulsion and sustainability
Provides engines for launchers and hypersonic applications
Offers systems for maneuvering spacecraft in orbit
Creates technologies for reusable space hardware
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Funding Insights of Pangea Aerospace
Pangea Aerospace has successfully raised a total of $29.87M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $25.11 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series A — $25.1M
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First Round
First Round
(01 Sep 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series A - Pangea Aerospace | Valuation | Hyperion Fund | |
| May, 2021 | Amount | Seed - Pangea Aerospace | Valuation | Inveready | |
| Feb, 2020 | Amount | Grant - Pangea Aerospace | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pangea Aerospace
Pangea Aerospace has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, CDTI and Dozen. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Growth capital is provided by Hyperion to defense and aerospace companies.
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Inveready is recognized as a leading Spanish financial services firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pangea Aerospace
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Pangea Aerospace
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pangea Aerospace Comparisons
Competitors of Pangea Aerospace
Pangea Aerospace operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rocket Lab, Astra, Firefly Aerospace, Skyroot and AgniKul, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Reusable launch vehicles for small satellite payloads are provided.
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| domain | founded_year | HQ Location |
Astra is engaged in providing space launch services.
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| domain | founded_year | HQ Location |
Provider of small and medium satellite launch vehicles, lunar landers, and orbital vehicles
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| domain | founded_year | HQ Location |
Provider of space launch services using Vikram series launch vehicles
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Private aerospace manufacturing and commercial launch solutions are provided.
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| domain | founded_year | HQ Location |
Manufacturer of launch vehicles for small payloads
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pangea Aerospace
Frequently Asked Questions about Pangea Aerospace
When was Pangea Aerospace founded?
Pangea Aerospace was founded in 2018.
Where is Pangea Aerospace located?
Pangea Aerospace is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Who is the current CEO of Pangea Aerospace?
Adria Argemi Samso is the current CEO of Pangea Aerospace. They have also founded this company.
Is Pangea Aerospace a funded company?
Pangea Aerospace is a funded company, having raised a total of $29.87M across 7 funding rounds to date. The company's 1st funding round was a Grant of $405.8K, raised on Sep 01, 2018.
What does Pangea Aerospace do?
Pangea Aerospace was founded in 2018 in Barcelona, Spain, within the aerospace sector. Reusable launch vehicles are developed for small payloads, featuring a liquid-propelled two-stage rocket system equipped with aerospike engines. Small satellites are enabled to reach space through these vehicles. Operations are based in Europe, focusing on innovative propulsion and orbital delivery solutions for the satellite industry.
Who are the top competitors of Pangea Aerospace?
Pangea Aerospace's top competitors include Astra, Rocket Lab and Skyroot.
What products or services does Pangea Aerospace offer?
Pangea Aerospace offers Propulsion Systems, Rocket Engines, In-Space Propulsion, and Reusable Launchers Technologies.
Who are Pangea Aerospace's investors?
Pangea Aerospace has 8 investors. Key investors include European Union, CDTI, Dozen, Hyperion Fund, and Primo Capital.