Blackswan Space raises €2.5M to take autonomous spacecraft navigation into orbit

Lithuania’s Blackswan Space , has successfully closed its second investment round, led by Iron Wolf Capital , raising €2.5 million. Together with the company’s pre-seed round, its total funding now amounts to €3.2 million. Other investors included Lemonade Stand ​​and former NanoAvionics co-founder Linas Sargautis – all previous investors of Blackswan – as well as NGL Ventures and Tomas Žalandauskas, who also founded multiple successful high-tech companies in Lithuania.