Thrustme

Paris, France Founded: 2017 • Age: 9 yrs
Patented ion-based propulsion for small satellites is developed.
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About Thrustme

Thrustme is a company based in Paris (France) founded in 2017 by Dmytro Rafalskyi.. Thrustme has raised $4.7 million across 6 funding rounds from investors including European Union, EIC Fund and Kima Ventures. Thrustme operates in a competitive market with competitors including Avio, Exotrail, Ursa Major, Bellatrix Aerospace and Phase Four, among others.

  • Headquarter Paris, France
  • Founders Dmytro Rafalskyi
  • Sectors
    Aerospace, Defense & Maritime
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Aerospace, Defense & Maritime → Space Technology & Exploration
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.7 M (USD)

    in 6 rounds

  • Latest Funding Round
    $2.05 M (USD), Grant

    Aug 01, 2022

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Thrustme

Thrustme has successfully raised a total of $4.7M across 6 strategic funding rounds. The most recent funding activity was a Grant round of $2.05 million completed in August 2022. 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 Rounds 6
  • Last Round Grant — $2.1M
  • First Round

    (16 Jun 2017)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2022 Amount Grant - Thrustme Valuation

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Jun, 2022 Amount Grant - Thrustme Valuation

investors

Mar, 2021 Amount Grant - Thrustme Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Thrustme

Thrustme has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, EIC Fund and Kima Ventures. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
Seed-stage investments in startups are provided by Kima Ventures.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Thrustme

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Thrustme

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Thrustme Comparisons

Employees
+
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Competitors of Thrustme

Thrustme 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 Avio, Exotrail, Ursa Major, Bellatrix Aerospace and Phase Four, 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
domain founded_year HQ Location
Space propulsion components, systems, and satellite launch adapters are developed.
domain founded_year HQ Location
Mobility solutions for small satellites are developed and provided.
domain founded_year HQ Location
Ursa Major is engaged in developing propulsion and defense systems.
domain founded_year HQ Location
Manufacturer of electric and green satellite propulsion systems
domain founded_year HQ Location
Plasma propulsion systems for small satellites are developed and manufactured.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Thrustme

Frequently Asked Questions about Thrustme

When was Thrustme founded?

Thrustme was founded in 2017.

Where is Thrustme located?

Thrustme is headquartered in Paris, France.

Is Thrustme a funded company?

Thrustme is a funded company, having raised a total of $4.7M across 6 funding rounds to date. The company's 1st funding round was a Grant of $58.69K, raised on Jun 16, 2017.

What does Thrustme do?

Thrustme was founded in 2017 in Paris, France, where propulsion systems for small satellites are developed in the aerospace sector. Patented ion-based thrust technology, integrated with etching techniques from the semiconductor industry, is employed in operations. Electric thrusters with reported double thrust compared to standard miniaturized systems are provided for satellite applications across Europe and beyond.

Who are the top competitors of Thrustme?

Thrustme's top competitors include Exotrail, Avio and Phase Four.

Who are Thrustme's investors?

Thrustme has 3 investors. Key investors include European Union, EIC Fund, and Kima Ventures.

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