Participated · Series A · Apr 2026

UNIVITY develops a wholesale space infrastructure positioned in Very Low Earth Orbit to enable high-throughput, low-latency 5G NTN connectivity that integrates natively with terrestrial mobile networks. The company emphasizes serving telecom operators by leveraging their 5G spectrum and existing components to provide sovereign, operator-controlled space connectivity. UNIVITY has executed demonstrators already, having launched a ~20 kg payload previously, and is now building the uniShape program consisting of two satellites of over 250 kg and a second‑generation ground segment to validate end-to-end 5G NTN and direct-to-cell smartphone connectivity. It has signed 17 letters of intent and MOUs across four continents, reflecting commercial interest in Europe, Southeast Asia and the Gulf. The business is focused on industrialisation and mass production, including plans for a manufacturing facility near Toulouse to produce two satellites per day and 1,000 user terminals per day. Financially, the company has raised over €67 million to date, including the €27 million Series A announced in this round.

Led · Series A · Apr 2026

ATMOS Space Cargo develops free-flying orbital transfer and re-entry vehicles (PHOENIX family) and offers space logistics services to commercial, institutional, and defence customers. PHOENIX 2 is described as a free-flying spacecraft with integrated propulsion and power capable of missions from hours to several months in LEO, performing autonomous de-orbit and controlled atmospheric re-entry using an Inflatable Atmospheric Decelerator (IAD) that is non-ablative and acts as a heat shield and aerodynamic brake. The company plans an initial three-vehicle PHOENIX 2 fleet operated as a phased campaign and is preparing recovery operations near Santa Maria in the Azores under an ANACOM licence. ATMOS is also developing PHOENIX 3, a next-generation return vehicle with an intended payload capacity of roughly one metric tonne, about ten times PHOENIX 2’s capacity. To serve governmental and defence needs it is launching ATMOS WORKS, a dedicated dual-use business unit. The company raised €25.7M in a Series A to fund these activities, including the PHOENIX 2 build, ATMOS WORKS launch, and PHOENIX 3 development, with participation from the EIC Accelerator which provides blended grant and equity financing.

Participated · Series A · Nov 2025

HyPrSpace is an aerospace company focused on creating Orbital Baguette 1 (OB-1), a hybrid microlauncher designed to make access to orbit easier and more affordable. The OB-1 vehicle combines solid and liquid propulsion technologies and is engineered to transport payloads of up to 250 kilograms. Proceeds from its recent fundraising will be used to speed up engineering, ground-testing, and manufacturing activities. The company’s roadmap targets a first suborbital demonstration flight in 2026, a key milestone toward eventual orbital missions. Based in Bordeaux, HyPrSpace positions itself within France’s deep-tech ecosystem, taking advantage of national initiatives such as France 2030. Although revenue and user metrics have not been disclosed, the €21 million injection represents a significant step toward commercial readiness.

Participated · Series A · Nov 2025

Founded in 2018, U-Space develops proprietary 12U and FreeForm satellite platforms and accompanying software to serve the growing demand for constellation manufacturing. The company handles the full stack from design through in-orbit operations and already has three satellites—NESS, Soap, and Pandore—circling the Earth with another dozen in production. Its 850 m² ‘U-Zine’ clean-room facility in Toulouse, slated to open at the end of 2024, is engineered for automotive-style, fully digital assembly and is targeted to reach a cadence of one satellite per day. Backed by an 80-person team, U-Space plans to scale output to one satellite per week by the end of 2027 while expanding sales into Asia-Pacific and the Middle East. The fresh capital strengthens its balance sheet and funds software investment and industrial digitalisation to support this ramp-up. Management believes these moves will position the company as Europe’s reference player for global satellite-constellation manufacturing.

Participated · Series A · Sep 2025

ReOrbit develops the OrbitCloud private satellite network that links drones and handheld devices directly to satellites using 3GPP Non-Terrestrial Network standards while performing AI inference on board. The company’s architecture uses processors and fast intersatellite links to share tasks for reliability, aiming to deliver processed intelligence directly to devices without routing data via ground stations. ReOrbit targets military and industrial users that require communications independent of terrestrial infrastructure. Founded in 2019 and based in Helsinki, the company has about 80–90 employees and plans to expand to 200–250 staff by the end of 2026. In March 2026 ReOrbit signed a €150 million asset-financing deal with SLI for two GEO satellites, with first delivery slated for 2029. The firm is pursuing a larger programme expected to exceed €40 million and has set a goal of achieving €1 billion in sales within four years.