Sateliot — Series B · €40M

Sateliot closed a €70M Series B to deploy its 5G-IoT satellite constellation, with €13.85M from Spain's state technology fund SETT (taking a 16.3% stake), €10M from Hyperion Fund and €10M from Global Portfolio Investments, alongside strategic shareholders Indra, Cellnex and SEPIDES. Separately, the European Investment Bank provided a €30M venture debt facility, the EIB's first venture debt operation in the space sector. The €70M headline includes the EIB's €30M venture debt, filed separately, so this round records the €40M of equity.

LeadGlobal Portfolio Investments RoundSeries B Announced23 Sep 2024 CityBarcelona SectorDeeptech & Hardware · Space / IoT connectivity Source

Something wrong? Suggest a correction →

The company

Investors 6

← All funding rounds

Start typing to search across everything.
↑↓ navigate↵ openesc close? shortcuts
Keyboard shortcuts
/ Ctrl K
Search
j k
Next or previous row
↵
Open the row
Ctrl ↵
Open it in a new tab
[ ]
Previous or next page
?
This list