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Spacetech Esper has stars in its eyes after raising from Darwin VC

Australian satellite startup Esper is on the hunt for critical minerals from space after raising $5 million in seed capital.

The round was led by Northern Australia venture capital investor Paspalis Capital and $3 billion Islamic financial services company Hejaz and will see the spacetech seek to deploy five more satellites.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/spacetech-esper-has-stars-in-its-eyes-after-raising-from-darwin-vc-20250303-p5lgj8