No seed rounds, minimal hardware: Einstein Industries Ventures, an ESA partner, plans $300M investment in space startups

by Peter B. de Selding

PARIS — Germany-based Einstein Industries Ventures intends to fill a gap in venture-capital financing of European space startups by focusing on B- round investments in companies that have already proved themselves initial customers.

Einstein, which has entered a partnership with the 22-nation European Space Agency (ESA), plans to raise 300 million euros ($300 million) in the next year and to select around 20 of more than 200 candidate European space startups.

The company’s focus will be downstream applications. No launcher startups, no . . .

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