Leaf Space, SpA, a Lomazzo, Italy-based provider of ground segment services for satellite operators, completed a capital increase for a total of €20m.
The round was led by CDP Venture Capital Sgr (through Fondo Evoluzione) and Neva Sgr, alongside SIMEST (through the Single Venture Capital Fund) and Digital Transition Fund – part of the CDP S.p.A. group, with participation from existing shareholders RedSeed Ventures, Primo Space, and Whysol Investments. In addition, the European Investment Bank (EIB) has committed an additional €15m in venture debt.
The company intends to use the funds to further expand its global network of ground stations as well as add several new locations worldwide, to support new frequencies for remote sensing satellites, to continue simplifying the user experience of its services, to hire new talent to scale up activities, and to proactively work on new segments of the market and special projects with customers and partners.
Led by Jonata Puglia, CEO, and Giovanni Pandolfi Bortoletto, CSO, Leaf Space operates a fully owned, globally distributed network of ground stations, empowering satellite operators to communicate with their spacecraft in the simplest and most flexible way. Leaf Space enables TT&C (Telemetry, Tracking, and Command) and payload data transmissions via an easy-to-use interface, a proprietary autonomous scheduling software, and its network’s global coverage. Founded in 2014, Leaf Space has offices in Lomazzo (Italy) and in Delaware (US), and currently supports around 80 satellites.
FinSMEs
30/08/2023