Company · Deeptech & Hardware

FOSSA Systems

fossa.systems ↗ ·Madrid ·Series A

FOSSA Systems is a Madrid-based space technology company that designs, builds, and launches nanosatellites to deliver satellite-based IoT connectivity, bridging gaps in cellular coverage for asset tracking and monitoring in energy, logistics, agriculture, and defence. Founded in 2020 (originating from a 2018 youth space project), it has launched 25+ satellites and raised a Series A in 2024. It also has offices in Lisbon, Portugal and a presence in Japan.

Founded

2020

Founders

News

Rounds

Investors

SectorsSpace Tech, Satellite IoT, Defence & Security, Energy & Utilities, Logistics, Smart Farming Start-up MapDeeptech & Hardware › Space technology & satellite systems

Profile updated 4 Aug 2026

Founders

Julián Fernández

CEO & Co-Founder

Vicente González Negro

COO & Co-Founder

Global models

No comparables on record yet.

Investors 7

Indico Capital Partners

www.indicocapital.com ↗

Investor Portugal

Kibo Ventures

www.kiboventures.com

Investor Spain

Nabtesco Technology Ventures

nabtesco-ventures.com ↗

Investor Japan

NATO DIANA

www.diana.nato.int ↗

Investor United Kingdom

Newmind Venture

Investor Spain

Sabadell Venture Capital

sabadellventurecapital.com ↗

Investor Spain

SETT

sett.gob.es

Investor Spain

Funding rounds 3

Other · €9.25M

Satellite-IoT operator (25+ smallsats launched, 140-satellite constellation planned) raised €9.25M led by Kibo Ventures, with SETT and Japan…

2026-06-24

Series A · €6.3M

FOSSA Systems raised a €6.3M Series A co-led by Nabtesco Technology Ventures and Indico Capital Partners, with Newmind Venture and Sabadell …

2024-06-19

Series A

Satellite IoT operator FOSSA Systems announced an undisclosed investment co-led by Nabtesco Technology Ventures and Indico Capital Partners,…

2023-11-13

News & media 7

Published	Article
2026-09-10	Spain's top-funded tech companies in H1 2026 ↗ Tech.eu
2026-07-10	NATO-backed startups take on the 'invisible battlefield' ↗ UK Defence Journal
2026-06-26	Spain-backed fund joins FOSSA's sovereign satellite communications push ↗ SpaceNews
2026-04-06	FOSSA targets Japan's defense market as larger smallsats expand capabilities ↗ SpaceNews
2025-12-10	NATO selects FOSSA to accelerate its signal-intelligence satellites for Defence ↗ EIN Presswire
2025-01-14	FOSSA Systems launches their new generation of nanosatellites ↗ SatNews
2024-06-19	Madrid-based space tech FOSSA Systems snaps €6.3 million for its industrial IoT satellite constellation ↗ EU-Startups