Startup · Bulgaria
EnduroSat
HQ Sofia, BulgariaFounded 2015201-500 employeesUpdated
Enabling profitable LEO satellite constellations with standardized satellites and fixed-cost space service.
Funding12 rounds · ~$614M + €44M
- Equity raised
- ~$614M + €44M
- Debt, secondaries & grants
- ~$11.8M + €1.2M
- Latest
- $205MSeries C · Sep 16, 2026
- Last valuation
- $1.00BPost-money · Series C · Sep 16, 2026
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Sep 16, 2026 | Series C | $205M | $1.00B | Atreides Management, Riot | EIC Fund, Founders Fund, GV, Lux Capital, Omnes Capital | Confirmed |
| Sep 16, 2026 | Undisclosed | $205M | — | Atreides Management, Riot | Emphatic Capital, Endeavor Catalyst, European Innovation Council (EIC) Fund, Founders Fund, Giant Ventures, GV, Lux Capital, Omnes Capital, The House Fund | Confirmed |
| Oct 30, 2025 | Undisclosed | $104M | — | — | EIC Fund, European Innovation Council (EIC) Fund, European Innovation Council Fund, GV, Lux Capital, Riot, Shrug Capital | Confirmed |
| May 27, 2025 | Series B | $48.8M | — | Founders Fund | CEECAT Capital, Morphosis Capital | Reported |
| Feb 28, 2025 | Growth | ~$20.8M | — | CEECAT Capital | Morphosis Capital | Reported |
| Feb 24, 2025 | Growth | ~$20.8M | — | CEECAT Capital | Morphosis Capital | Reported |
| May 11, 2023 | Series A | $10.0M | — | CEECAT Capital | Freigeist Capital | Reported |
| Aug 30, 2021 | Debt | ~$11.8M | — | — | European Investment Bank | Confirmed |
| Jun 3, 2020 | Seed | Undisclosed | — | — | Freigeist Capital | Confirmed |
| 2017 | Grant | €1.2M | — | — | European Commission | Reported |
- Series CLed by Atreides Management, RiotWith EIC Fund, Founders Fund, GV, Lux Capital, Omnes CapitalValuation $1.00BConfirmed$205MSep 16, 2026
- UndisclosedLed by Atreides Management, RiotWith Emphatic Capital, Endeavor Catalyst, European Innovation Council (EIC) Fund, Founders Fund, Giant Ventures, GV, Lux Capital, Omnes Capital, The House FundConfirmed$205MSep 16, 2026
- UndisclosedWith EIC Fund, European Innovation Council (EIC) Fund, European Innovation Council Fund, GV, Lux Capital, Riot, Shrug CapitalConfirmed$104MOct 30, 2025
- $48.8MMay 27, 2025
- ~$20.8MFeb 28, 2025
- ~$20.8MFeb 24, 2025
- $10.0MMay 11, 2023
- ~$11.8MAug 30, 2021
- UndisclosedJun 3, 2020
- GrantWith European Commission€1.2M2017
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems2
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
Capabilities1
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Space, launch and counterspace | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Standardized LEO satellites and fixed-cost space service; no defense use stated. | Reported |
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Standardized LEO satellites and fixed-cost space service; no defense use stated.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
People3
| Person | Role |
|---|---|
| Raycho Raychev | Founder & CEO |
| Gergana Srebkova | Chief People Officer |
| Viktor Danchev | Chief Technical Officer |
Sources29
Show all 29 sources and supporting evidence
Profile7
- 1
Aethero · Apr 16, 2026 · Supports Organization
“EnduroSat, a leading space infrastructure builder”
- 2
PitchBook · Supports Organization · country, Organization · employee range, Organization · founded year, Organization · linkedin url, Organization · x url
“country: BG”
- 3
Defence Finance Monitor · Supports Organization · name
“EnduroSat began as a bold Bulgarian startup aiming to democratize access to space. Today, it stands among Europe’s most dynamic”
- 4
Sixth-Domain · Supports Organization · kind
“{"id": "a2e024d0-face-43ce-80ee-ac3d9c2978b8", "name": "EnduroSat", "stage": "Series D+"}”
- 5
EnduroSat · Supports Organization · description, Organization · name, Organization · website
“Enabling profitable LEO satellite constellations with standardized satellites and fixed-cost space service. 100+ satellites deployed to orbit”
- 6
LinkedIn · Supports Organization · country, Organization · employee range, Organization · founded year, Organization · hq city, Organization · linkedin url
“country: BG”
- 7
Owler · Supports Organization · country, Organization · founded year, Organization · hq city, Organization · linkedin url, Organization · x url
“country: BG”
Systems2
- 8
- 9
Funding19
- 10
EnduroSat · Sep 16, 2026 · Supports Funding round · amount
“EnduroSat, a space company building standardized, software-flexible satellites and a streamlined constellations-as-a-service model, has raised $205 million in a round co-led by Riot Ventures and Atreides Management, with backing from the European Innovation Council, Google Ventures, Founders Fund, House Capital, Lux Capital, Omnes Capital, Giant Ventures, Emphatic Capital & Endeavor Catalyst.”
- 11
EnduroSat via GlobeNewswire · Sep 16, 2026 · Supports Funding round · amount, Organization · ownership
“has raised $205 million in a round co-led by Riot Ventures and Atreides Management”
- 12
MarketScreener (S&P Capital IQ) · Sep 15, 2026 · Supports Funding round · post money valuation usd
“The company raised post money valuation of over … ($1,000,000,000) in the transaction.”
- 13
Reuters · Oct 30, 2025 · Supports Funding round · amount
“EnduroSat said on Thursday it has raised $104 million from investors”
- 14
Via Satellite · May 27, 2025 · Supports Funding round
“has raised 43 million euros in investment led by Founders Fund”
- 15
AIN.UA · Feb 28, 2025 · Supports Funding round · amount
“has secured €20 million in a funding round led by CEECAT Capital”
- 16CompanyMorphosis Capital and existing partners invest in EnduroSat to accelerate the company’s growth
EnduroSat · Feb 24, 2025 · Supports Funding round
“Morphosis Capital and existing partners invest in EnduroSat to accelerate the company’s growth”
- 17
AIN.UA · May 11, 2023 · Supports Funding round · amount
“has raised $10 million in Series A funding”
- 18
EnduroSat · Supports Funding round · amount
“We are excited to announce a $104 million funding round”
- 19
Sofia Investment Agency · Supports Funding round · amount
“In 2017, EnduroSat received funding of 1.2M Euro from the European Commission under the Horizon 2020 programme.”
- 20
Payload · Supports Funding round · amount
“has raised €43M ($48.8M)”
- 21
The Recursive · Supports Funding round · amount
“EnduroSat Secures €20 Million Investment”
- 22CompanyEIB partners with EnduroSat
EnduroSat · Supports Funding round · amount
“Today, the European Investment Bank (EIB), the long-term lending institution of the European Union, and EnduroSat, announced a venture debt financing agreement of up to €10 million.”
- 23
EnduroSat · Supports Funding round · amount
“EnduroSat, headquartered in Luxembourg and with main R&D operations in Bulgaria, has raised a 10m USD Series A, led by the EU investment firm CEECAT Capital, focused on the high growth markets of CEE Europe.”
- 24
EnduroSat · Supports Funding round · amount
“We are excited to announce a $104 million funding round which will ensure significant production capability for advanced constellation players, accelerating time-to-orbit by enabling the actual production of two ESPA-class satellites per day.”
- 25
EnduroSat · Supports Funding round · amount
“We are excited to announce the closure of a €43 million investment round led by Founders Fund.”
- 26
EnduroSat · Supports Funding round · stage
“We are thrilled to announce our new partnership with Freigeist Capital, the investment firm of Frank Thelen, to help us unleash next-generation NanoSat services!”
- 27
Everything Startups · Supports Funding round · amount
“Neo Ventures’ initial €1 million investment in 2017, when EnduroSat was still an early-stage startup.”
- 28
bne IntelliNews · Supports Funding round · post money valuation usd
“has been valued at more than $1bn”
People1
- 29
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