7 European VCs Investing In SpaceTech

Space exploration is no longer just for governments and universities. In fact, recent years have seen the space race move away from the public sector and very much into private hands.

With innovation at their core, these spacetech companies are exploring everything, from travel to mining, satellite imagery and more. And venture capitalists are taking note.

In fact, McKinsey estimate that the global space economy will be worth $1.8 trillion by 2035 – and interest in the sector is only getting higher.

 

What is SpaceTech?

 

Spacetech (or space technology), is a name used to describe tech or products designed to explore or use outer space.

But it isn’t just limited to exploration, spacetech encompasses everything from satellite imagery on earth to data storage and even monitoring climate change.

So, if you’re a spacetech entrepreneur looking for funding, you might be asking yourself: which VCs across Europe are investing?

Here, we take a look…

 

Rymdkapital

 

Rymdkapital

 

Rymdkapital is a Swedish VC firm that is investing in space for the ‘benefit of humanity’.

The firm specifically looks for the ‘next generation of entrepreneurs and technologies in the newspace sector’ – focusing on spacetech ventures run by bold entrepreneurs.

They usually invest around €150k and also provide guidance and mentoring throughout.

 

Alpine Space Ventures

 

 

Alpine Space Ventures is a VC firm that exclusively invests in early-stage companies in the space sector.

Based in Munich and established in 2020, the firm specifically looks for companies that are driving innovation in space enabled industries.

 

 

Space Founders

 

Space Founders

 

Space Founders EU is an accelerator for European startups in the space sector. They have set out to empower the next generation of European space leaders from Seed to Series A through their 3-month acceleration programme.

In those 3 months, companies get coaching and mentorship, access to their network of experts and unmatched visibility.

 

Space Tec Capital

 

SpaceTec Capital logo

 

Based in Munich, Germany, Space Tec Capital invests in fields where space-related technologies disrupt other markets.

This can be in areas like economics, infrastructure or farming – or in any industry that can be improved through space related tech.

Alongside investing, Space Tech Capital also provides coaching to entrepreneurs and SMEs looking to grow their businesses.

 

Expansion VC

 

Expansion Raises €100M to Invest in European New Space Startups

 

Expansion VC backs Aerospace and Defence entrepreneurs from pre-seed to Series B level.

With a presence in Paris, Stockholm and Luxembourg, the VC has raised a 300 million euro deep-tech fund for companies pioneering new space and new air mobility.

 

Seraphim

 

Seraphim-logo-copy

 

Describing themselves as a ‘global leader in spacetech investment’, Seraphim invests in people and ideas that have the ability to transform life as we know it.

Alongside their investment funds, Seraphim also has their Space Accelerator and Investment Trust, allowing them to support space entrepreneurship from inception to exit.

 

Final Frontier

 

Final Frontier

 

Final Frontier is a Nordic VC fund backing founders building space and defence tech.

From satellite systems to drones, the VC focuses on pre-seed and seed stage companies looking to pioneer European space and defence.