Europe-focused early-stage investor OTB Ventures led the Series A financing round along with Swisscom Ventures, the investment arm of Switzerland-based telco Swisscom.The government-backed Luxembourg Future Fund (LFF) also participated in the round, and ClearSpace said it is establishing an operational presence in Luxembourg as a result.This mission will see the ClearSpace use a spacecraft with four articulated arms to de-orbit part of a Vega rocket from low Earth orbit (LEO).Albeit not profitable yet, Durgnat said the startup “is already booking revenues from missions such as ClearSpace-1 and sponsorship.”Swiss luxury watchmaker Omega is sponsoring ClearSpace-1.These investors are reserving capital for follow-on fundraising activity, Ford added, “they expect that five years or so should give enough time for both the economy to get ‘back on track’ and also for significant revenues to start to flow, to prove the opportunity and business models.”Lakestar, In-Q-Tel, Happiness Capital, and 600 T Space Investments also participated in ClearSpace’s Series A funding round."