Joy Laoun
News Editor, Vestbee
The funding round was led by Newfund, with participation from new investor and incoming Co-CEO Grégory Salinger.
The seed round was led by At One Ventures, with support from High-Tech Gründerfonds (HTGF), Verve Ventures, and Siemens Energy Ventures.
According to the startup, this funding marks the largest European investment to date in very low Earth orbit (VLEO) satellite technology.
The funding round was led by Newfund, with participation from new investor and incoming Co-CEO Grégory Salinger.
The seed round was led by At One Ventures, with support from High-Tech Gründerfonds (HTGF), Verve Ventures, and Siemens Energy Ventures.
Vastpoint plans to invest between €500,000 and €750,000 in each startup it backs.