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 Alleryade, 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.