The Exploration Company raises $450 million in Series C, Tech Funding News reports
Tech Funding News says Bessemer, Atomico and the Scaleup Europe Fund jointly led the round, with previous investors including Balderton, Plural, Cherry Ventures and Red River West returning.
TLDR
Tech Funding News reports that The Exploration Company completed a $450 million Series C jointly led by Bessemer, Atomico and the Scaleup Europe Fund. The publisher describes the fund as a new €5 billion vehicle that the European Commission assigned EQT to manage in May 2026. It says all previous investors returned, including Balderton, Plural, Cherry Ventures and Red River West.
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