PARIS — Swiss private-equity investor Investiere’s decision to invest $1.1 million into startup M2M/IoT satellite constellation operator Astrocast brings Astrocast’s seed-round funding to 4.1 million Swiss francs ($4.1 million), more than $1 million more than expected. Lausanne, Switzerland-based Astrocast has previous financial backing from Airbus’s venture-capital fund, Airbus Ventures, and grants from the Swiss government
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Peter B. de Selding
Peter B. de Selding
Peter de Selding is a Co-Founder and editor for SpaceIntelReport.com. He started SpaceIntelReport in 2017 after 26 years as the Paris Bureau Chief for SpaceNews where he covered the commercial satellite, launch and the international space businesses. He is widely considered the preeminent reporter in the space industry and is a must read for space executives. Follow Peter @pbdes