# Pave Space raises $40 million to develop European heavy kickstage

- slug: pave-space-raises-40-million-to-develop-european-heavy-kickstage
- date: 2026-03-25
- category: Space & Aerospace

Swiss startup Pave Space has raised $40 million in seed funding to develop Lyoba, an orbital transfer vehicle that would move satellites from low Earth orbit to geostationary orbit or lunar trajectories in under a day, the company announced March 25.

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