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Space Insurer Charter Space Raises $5M Seed Round

Charter Space, a company providing insurance for space activities, has raised $5 million in a seed funding round. The startup aims to underwrite risks in the growing commercial space sector, where satellite launches and missions are increasingly handled by private firms. The raise, reported by space industry outlet Payload, signals continued investor interest in space-related services beyond launch and hardware companies.

Why now: Investors and space industry watchers are tracking new funding flowing into commercial space services like insurance.

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