[Funding alert] Munich-based VC Alpine Space Ventures Secures €10 Million in Funding

The strategic fund-of-funds investment will strengthen Europe's security and resilience capacities in both the public and private sectors by enabling Alpine Space Ventures to support the development and application of cutting-edge space technologies.

This news follows Alpine Space Ventures' historic €60 million investment last year from the European Investment Fund (EIF).

Read also - Osnabrück-based NeoTaste Secures €15.1 Million in Series A Extension Funding

The investment team at Alpine Space Ventures has over 50 years of experience developing businesses and technologies for the space sector. This knowledge is further enhanced by the company's investment base, which consists of business owners and space industry pioneers, including 20 of the original SpaceX staff members.

Bulent Altan, Founding Partner at Alpine Space Ventures, commented: “This investment from the NATO Innovation Fund highlights the critical role of space technologies in addressing today’s complex security challenges. The inherent nature of space applications ensures that the innovations we foster will not only enhance the Alliance’s technological capabilities but also drive forward the commercial space industry.”

Thorsten Claus from the NATO Innovation Fund added: “In line with NIF’s confidence in the role of space in an enduring future for the Alliance, our fund-of-fund investment in Alpine Space Ventures aligns with our commitment to the security of space and ground-based infrastructure, crucial for operations across land, air, sea, and cyber domains. We are compelled by the Alpine Space Ventures team, who bring significant experience in the space industry and exceptional technical depth. We look forward to seeing their portfolio of companies transform the space industry.”

The announcement of this investment coincides with a geopolitical setting and a quickly changing climate as Europe is about to undergo major changes in fortifying its infrastructure.

Read also - Vienna-based Necture Secures €7 Million in Series A Round Funding

About Alpine Space Ventures

In the NewSpace industry, Alpine Space Ventures is the top European investment fund manager. Their objective is to be a major player in forming the European NewSpace industry, and they invest in the most promising technologies related to data and connectivity from space.