EU government-backed OTB Ventures starts space fund with $30M investment in SAR satellite operator Iceye

by Peter B. de Selding

PARIS — A venture-capital investor focusing on Central and Eastern Europe has launched a space-investment fund backed by European governments with a $30 million investment in commercial radar Earth observation startup Iceye of Finland.

The funding is part of Iceye’s $87 million Series C funding around, which the company said was larger than planned, bringing Iceye’s total funding to $152 million.

OTB Ventures’s new space fund, OTB Space Program I, is backed by the European Investment Fund

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