Interstellar Lab to raise a $5 million seed round with Urania Ventures, Auxxo, 7percent Ventures, Seldor Capital, E2MC, Kima Ventures and BPI.
Interstellar Lab, a Paris, France and Los Angeles, USA-based manufacturer of farming and green technologies for space, announced completing a seed funding round at $5 million.
The money was raised from multiple international investors including Urania Ventures, Auxxo, 7percent Ventures, Seldor Capital, E2MC, Kima Ventures and BPI.
Interstellar Lab, founded in 2018 by CEO Barbara Belvisi, is developing and building biodomes - modules for growing plants in a controlled environment for the earth and the Moon.
The flagship product - BioPod - is a deployable pod optimized for plant growth, Designed as a modular, controlled-environment aeroponics farm, BioPod creates the ideal climatic and atmospheric conditions for plant growth. Its advanced technology allows the cultivation of species that cannot be grown in traditional agriculture, including high-value plants like vanilla, vetiver or patchouli. Maximizing efficiency and production, BioPod reduces water consumption (by 98%) and energy (x2O) while boosting yield (up to x3OO). The product also includes AI management and monitoring software as well as a resupply service.
The company says it works with space agencies, including NASA and CNES, to develop LEO and Lunar modules to support astronauts’ life in space. Interstellar Lab aims at deploying its modules as part of NASA’s Artemis program and for future Mars exploration missions.