Founder Fund Backs ‘Future TSMC of Bulgaria’

EnduroSat, a Bulgarian satellite manufacturer, has raised €43 million ($49 million) in a funding round led by Peter Thiel’s Founders Fund. Raycho Raychev, EnduroSat CEO and co-founder, and Delian Asparouhov, partner at Founders Fund, discuss why Bulgaria is becoming a hub for space firms with Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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