EQT’s Scaleup Europe Fund joined a major financing round for the Swedish space startup The Exploration Company (TEC). This is the fund’s fourth investment overall and its second backing of a European space firm, according to the news outlet Di.
Collimate Space creates AI‑driven software that orchestrates satellite communications, ground stations and future space networks. Its Nexus platform combines AI, physical models and digital twins to manage multi‑orbit operations and optimize real‑time data flow. The article notes that Spain is emerging as a strategic hub for the company’s space‑AI activities.
Molten Ventures secured a £175 million first close for its Ventures Growth Fund, backed by a £75 million cornerstone from the British Business Bank, to support Series B‑plus technology companies in the UK and Europe.
Finnish space‑tech startup ICEYE signed a partnership with Japanese insurer Sompo Japan to provide its Flood Insights SAR satellite data, helping the insurer speed up flood‑damage assessments and claims processing as part of Sompo’s Hikeshi DNA 2030 resilience project.
Isar Aerospace’s second rocket launch reached orbit, demonstrating the company’s capability to provide independent launch services from Europe and positioning it as a key player in the growing commercial space market.
Polish startup Creotech Instruments secured a near‑€14 million contract with ESA to deliver the SAWA satellite, which will monitor space weather. The agreement covers the full mission lifecycle, marking a major milestone for the company in the European space sector.
HyImpulse, a European space‑technology startup, secured €50 million in new financing.
Space Cargo Unlimited announced a strategic investment in Novespace, the leading European provider of parabolic flight services and a subsidiary of France’s space agency CNES. The deal makes Space Cargo a shareholder alongside CNES, adding short‑duration microgravity access to its portfolio of autonomous space manufacturing platforms and strengthening its vision of an integrated fleet for research and commercial manufacturing in orbit.
Paris‑based startup ARCSPACE raised over €2 million to develop and flight‑qualify an electron‑beam technology that could enable repair of disposable satellites, opening a new market for on‑orbit servicing.
European spacetech scale‑up Iceye opened a new subsidiary in New Delhi, India, to provide advanced intelligence, surveillance and environmental monitoring services to Indian defence and intelligence agencies and to build local manufacturing capabilities.