Audacia: first financing round for Expansion SLP
(CercleFinance.com) - Audacia has announced that Expansion SLP, a venture capital fund created by the investment company with entrepreneurs and aerospace experts, has closed a first round of financing of 137 million euros.
A venture capital player in Europe in Sustainable Aerospace and Defence technologies, Expansion SLP is targeting a final closing of 200 million euros, and plans to support around 30 companies, from early stage to series A and B.
The fund has made 19 investments to date, including startups in satellite launchers, satellite constellations, space data exploitation, in-orbit services and low-carbon aviation.
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