Deep tech venture capital firm Promus Ventures has announced that the space-oriented Orbital Ventures fund has closed on several investments and now counts the European Investment Fund among its investors. The Luxembourg-based fund focuses on early-stage companies in the space sector.
Orbital Ventures targets early-stage investment opportunities in areas such as space-based telecommunications network and services, geospatial location-based services, applications and space-related technologies and innovation (robotics, sensors, and data), Earth observation and environmental monitoring, transportation and logistics, and space resources utilization and exploration.
https://www.tradeandinvest.lu/news/luxembourg-based-space-fund-closes-at-e120-million/