Venture Map · Round
FOSSA Systems — Series A · €6.3M
Announced 2024-06-19 · Madrid · Space tech / Satellite IoT
FOSSA Systems raised a €6.3M Series A co-led by Nabtesco Technology Ventures and Indico Capital Partners, with Newmind Venture and Sabadell Venture Capital participating; because the round was explicitly co-led there is no single lead. The Madrid company has launched 17 nanosatellites since 2021 and will use the funds towards an 80-satellite direct-to-device LPWAN constellation for industrial remote asset tracking.
RoundSeries A
Amount€6.3M
LeadNot disclosed
Date2024-06-19
CityMadrid
SectorSpace tech / Satellite IoT
The company
Investors 4
IIndico Capital Partners
NNabtesco Technology Ventures
N
Newmind Venture
SSabadell Venture Capital