SSateliot — 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
S
S
The company
Investors 6
G
Global Portfolio Investments
C
Cellnex
HHyperion Fund
hyperionfund.eu
IIndra
www.indracompany.com
Profile: Indraventures
SSEPIDES
SSETT (Sociedad Española para la Transformación Tecnológica)
sett.gob.es