Government anchor-tenant deals may help startups lure Europe’s timid VC funds

by Peter B. de Selding

LUXEMBOURG —  Europe’s venture capital still trails its U.S. counterparts, and has fallen behind Asia too, in Series A- and B-round financings, pressuring European space startups to relocate to these regions, European startups and venture investors said.

One alternative, which has its backers but also its costs, is conducting an IPO. Satellite builders GomSpace and AAC Clyde in Sweden, radio-frequency intelligence constellation Kleos Space and messaging/IoT constellation Sky and Space Global in Australia, and laser com terminal builder Mynaric . . .

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