SSateliot — Venture Debt · €6M
Barcelona-based Sateliot secured €6M from Banco Santander through the bank's high-growth companies programme to fund the deployment of its low-earth-orbit 5G NB-IoT nanosatellite constellation. The financing took total money raised in under a year to €13.5M, alongside a €2.5M participating loan from Avançsa and a €5M convertible note, ahead of a planned Series B.
Lead (estimated)Banco Santander
RoundVenture Debt
Announced10 Jan 2024
CityBarcelona
SectorDeeptech & Hardware · Spacetech
Source
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