PARIS — Italian investment fund Primomiglio SGR has closed a first round of its new Primo Space fund with 58 million euros ($67.6 million) with backing from the European Investment Fund (EIF), part of the European Investment Bank, and CDP Venture Capital, support from the Italian Space Agency (ASI).

The fund is looking for further investment to bring the total to 80 million euros.

The investment is one of the first by the InnovFin Space Equity . . .

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