PAYLOAD AEROSPACE, S.L. announced that it has received ?180 million in funding from Mitsubishi Electric Corporation, Compañía Española de Financiación del Desarrollo, COFIDES, S.A, S.M.E., Nazca Capital, SGEIC, S.A., CDTI, and other investors
Published on 03/04/2026
at 05:36 am EST - Modified on 03/03/2026
PAYLOAD AEROSPACE, S.L. announced that it has received ?180 million in a round of funding led by new investor, Mitsubishi Electric Corporation for ?50 million on March 4, 2026. The transaction included participation from new investor, Fondo Nazca Aeroespacial y Defensa I FCR, a fund managed by Nazca Capital, SGEIC, S.A., The Spanish Ministry of Science, Innovation and Universities, INNVIERTE fund, FOCO investment fund, returning investors, CDTI, and Compañía Española de Financiación del Desarrollo, COFIDES, S.A, S.M.E. The company has issued convertible preferred stock.
Mitsubishi Electric Corp is a Japan-based company engaged in the industry mobility, life and other businesses. The Company operates in six business segments. The Infrastructure segment is engaged in the social systems, power systems, defense and space and systems businesses, and provides electrical equipment for railway vehicles, wireless communication equipment and others. The Industry & Mobility segment is engaged in the factory automation (FA) system business and the automotive equipment business. The Life segment is engaged in the building system business and the air conditioning and home appliances business. The Business Platform segment is involved in the information systems and services business. The Semiconductor Device segment is involved in the electronic devices business. The Other segment provides materials procurement, logistics, real estate, advertising and publicity and finance.
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PAYLOAD AEROSPACE, S.L. announced that it has received ?180 million in funding from Mitsubishi Electric Corporation, Compañía Española de Financiación del Desarrollo, COFIDES, S.A, S.M.E., Nazca Capital, SGEIC, S.A., CDTI, and other investors