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European Investment Fund announces €300 million of space sector finance with new investments into Orbital Ventures and Primo Space Dettagli
The European Investment Fund (EIF) is partnering with the European Commission, to announce €300 million of investments into the EU space sector, supporting ground-breaking innovation in the industry. During the European Space Conference
in Brussels, EIF and the EC jointly announced investments into two space tech focused funds - Orbital Ventures and Primo Space, under the first ever EU-backed equity pilot - the InnovFin Space Equity Pilot. An additional investment expected to be signed by end of Q1 will mark the full deployment of the €100m InnovFin Space Equity Pilot. These agreements are supported by the European Fund for Strategic Investments (EFSI), the central pillar of the Investment Plan for Europe.