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Space Forge raises $30M Series A to make chip materials in space
Space Forge, a U.K. startup headquartered in Cardiff, Wales, recently raised a £22.6 million (approximately $30 million) Series A to make wafer materials in space, where unique conditions unlock new possibilities.
For instance, the Welsh startup earlier won funding for a project through which BT (formerly British Telecom) is hoping to test how integrating crystal materials grown in space could reduce the power consumption of its 5G towers. This week, the company opened an office in Portugal on the island of Santa Maria in the Azores, a well-suited location for satellite return in mainland Europe and an important step to convince European partners that this approach can reach industrial scale. Anna Heim met and interviewed Joshua Western and Daria Saharova at a World Fund event that the VC firm covered her travel costs to attend; this article was written independently.
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