Arkadia Space — Seed · €2.8M

Arkadia Space, which builds green hydrogen-peroxide chemical propulsion systems for satellites as an alternative to hydrazine, closed an oversubscribed €2.8 million seed round led by Valencian fund Draper B1. French-Swedish aerospace fund Expansion Ventures joined, along with business angels including former astronaut Pedro Duque and Loft Orbital co-founder Antoine de Chassy, both of whom also became advisors.