# EnduroSat funding: rounds and investors

> EnduroSat has raised $309M across 2 rounds since 2025. Investors include Founders Fund, Lux Capital and European Investment Bank. Every round with its source.

Source: https://millionrounds.com/company/endurosat (Millionrounds; every figure on the page links to its filing or article)

Bulgaria · [Growth startup](https://millionrounds.com/companies)

# Who invested in *EnduroSat*

2 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Aerospace & Space Manufacturing

Raised 1 month ago

Funding summary Updated 26 Oct 2026

**$309M** raised across 2 rounds since 2025, from 3 sources

**$104M** Venture **$205M** Growth

- **Latest round:** Growth, $205M Sept 2026
- **Led by:** Atreides Management and Riot Ventures
- **Step-up i:** 2×
- **Investors:** 13 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$104M** Venture

**$205M** Growth

- **First round:** Venture, $104M
- **Biggest round:** $205M
- **Between rounds:** 11 months

## The rounds

- **Sept 2026** Growth **$205M** *9 new* *3 returning* [Atreides Management](https://millionrounds.com/fund/atreides-management) Lead [Riot Ventures](https://millionrounds.com/fund/riot-ventures) Lead [Founders Fund](https://millionrounds.com/fund/founders-fund) [Google Ventures](https://millionrounds.com/fund/gv) [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [Lux Capital](https://millionrounds.com/fund/lux-capital) [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) [Omnes](https://millionrounds.com/fund/omnes-capital) [Giant Ventures](https://millionrounds.com/fund/giant-ventures) [House Capital](https://millionrounds.com/fund/house-capital) [Emphatic Capital](https://millionrounds.com/fund/emphatic-capital) Reported by The Recursive and 1 other
- **Oct 2025** Venture **$104M** *4 new* [Founders Fund](https://millionrounds.com/fund/founders-fund) [Lux Capital](https://millionrounds.com/fund/lux-capital) [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) [Shrug Capital](https://millionrounds.com/fund/shrug-capital) Source recorded

## Founders and team

From EnduroSat's own website: 1 founder, 6 on the team.

**Raycho Raychev** Founder & CEO

- **Giuseppe Sisinni** CEO EnduroSat Italy and Global Director Business Development
- **Gergana Srebkova** Chief People Officer
- **Viktor Danchev** Chief Technical Officer
- **Veselin Marzakov** Head of Engineering Operations
- **Viktoriya Dimov** Head of Space Services
- **Vanya Buchova** Projects Director

Advisers *Dr. S. Pete Worden* *Kevin O'Connell* *Prof. Dr.-Ing. Johann-Dietrich Wörner*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2025 **Growth** 2026 [Founders Fund](https://millionrounds.com/fund/founders-fund) [Lux Capital](https://millionrounds.com/fund/lux-capital) [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) [Atreides Management](https://millionrounds.com/fund/atreides-management) L [Riot Ventures](https://millionrounds.com/fund/riot-ventures) L [Google Ventures](https://millionrounds.com/fund/gv) [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) [Omnes](https://millionrounds.com/fund/omnes-capital) [Shrug Capital](https://millionrounds.com/fund/shrug-capital)

## Everyone who backed them

[Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **2** rounds

[Lux Capital](https://millionrounds.com/fund/lux-capital) VC firm **2** rounds

[European Investment Bank](https://millionrounds.com/fund/european-investment-bank) Government **2** rounds

[Atreides Management](https://millionrounds.com/fund/atreides-management) VC firm **1** round, led 1

[Riot Ventures](https://millionrounds.com/fund/riot-ventures) VC firm **1** round, led 1

[Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **1** round

[EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) Government **1** round

[Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) Corporate VC **1** round

[Omnes](https://millionrounds.com/fund/omnes-capital) VC firm **1** round

[Shrug Capital](https://millionrounds.com/fund/shrug-capital) VC firm **1** round

[Giant Ventures](https://millionrounds.com/fund/giant-ventures) VC firm **1** round

[House Capital](https://millionrounds.com/fund/house-capital) VC firm **1** round

[Emphatic Capital](https://millionrounds.com/fund/emphatic-capital) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=endurosat).

## Also claim to have backed them

These 2 firms list EnduroSat as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Riot Ventures](https://millionrounds.com/fund/riot-ventures-2) VC firm Per its own site

[Freigeist](https://millionrounds.com/fund/freigeist) VC firm Per its own site

## Quick answers about EnduroSat

### Who invested in EnduroSat?

EnduroSat's investors include Founders Fund, Lux Capital, European Investment Bank, Atreides Management and Riot Ventures, and 8 more on record. Atreides Management led its latest round.

### How much has EnduroSat raised?

EnduroSat has raised $309M across 2 rounds since 2025.

### When did EnduroSat last raise?

EnduroSat's most recent round was a Growth of $205M in Sept 2026, led by Atreides Management.

### What was EnduroSat's biggest round?

Its most recent round, $205M in Sept 2026, is also its largest on record.

### Who backed EnduroSat first?

EnduroSat's first round on record, in Oct 2025, was backed by Founders Fund, Lux Capital and European Investment Bank and 1 others.

### What stage is EnduroSat at?

EnduroSat's latest named round is a Growth, in Sept 2026.

### Where is EnduroSat based?

EnduroSat is based in Bulgaria.

### Who led EnduroSat's rounds?

Atreides Management led the Growth in 2026.

## Companies like EnduroSat

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