Successful start-ups from EUSPA competitions ready to upscale!

Successful start-ups from EUSPA competitions ready to upscale!

   EU News Events    November 15, 2021  |  0

The European Union Agency for the Space Programme (EUSPA) together with the European Business Angel Network (EBAN) are teaming up to boost space-tech start-ups! “Funding Space Forum” is a joint online panel session and fundraising event, where start-ups working with space data will pitch in front of Business Angels, receive feedback and raise interest for funding.

The EU Space Programme has created a dearth of opportunities for a broad range of businesses. Earth Observation data and new, more accurate, and secure GNSS services are emerging that enable start-ups to add value to their products and upscale their solutions or services. The EU is committed to helping businesses at their nascent stage to make the best use of space technology through private and public partnerships. 

EUSPA and EBAN teamed up to further assist small businesses to secure early investments. EUSPA also became a member of EBAN Space board to create synergies between space start-ups and business angels. 

Funding Space Forum will bring #MyGalileoSolution and #MyGalileoDrone participants Allerayde, Krattworks, LESS Industries, Lympik, Traxit together with the EU early-stage investor community. All the participating space-tech companies will have the opportunity to present their business plans in front of a panel of Business Angels, receive feedback and attract investments.

The event will also feature panel discussions on “Space Technology in Europe, what is next? Synergies between EU and angel investors hosted by Fiammetta Diani, Head of Market Development at EUSPA; Tomas S. Jonsson, Team Leader CASSINI initiative, European Commission, DG Defence Industry and Space; Uli Fricke, CEO Triangle Venture Capital Group, CEO FunderNation; Rob Desborough, Managing Partner Seraphim Space Fund, CEO Seraphim Space Camp moderated by Fabrice Testa, Co-chairman Luxembourg Space Tech Angels and EBAN Space Chairman. During this virtual panel session, seasoned space-tech investors and policymakers will discuss trends and challenges in the New Space ecosystem of Europe.

The forum will take place on November 22nd at 17:00 CET. Click here to register.  A matchmaking event with industry is also schedule for the first quarter of 2022.

About EBAN

EBAN is the pan-European representative for the early stage investor community gathering over 150-member organizations in more than 50 countries today. Established in 1999 by a group of pioneer angel networks in Europe with the collaboration of the European Commission and EURADA, EBAN represents a sector estimated to invest 11.4 billion Euros a year and playing a vital role in Europe’s future, notably in the funding of SMEs. EBAN fuels Europe’s growth through the creation of wealth and jobs.

Media note: This feature can be republished without charge provided the European Union Agency for the Space Programme (EUSPA) is acknowledged as the source at the top or the bottom of the story. You must request permission before you use any of the photographs on the site. If you republish, we would be grateful if you could link back to the EUSPA website (http://www.euspa.europa.eu).

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