Satellite Startup UNIVITY Raises €27M Funding In Series A Round
Apr 23, 2026 | By Oliver Bennett

UNIVITY has raised €27 million in a Series A round led by Blast, Expansion, the Bpifrance Deep Tech 2030 fund, and two family offices.
SUMMARY
- UNIVITY has raised €27 million in a Series A round led by Blast, Expansion, the Bpifrance Deep Tech 2030 fund, and two family offices.
The funding will support its demonstration program, which includes building, launching, and operating two satellites by February 2028.
Founded in 2022 by Charles Delfieux the Paris-based space tech startup focuses on deploying satellites in Very Low Earth Orbit (VLEO), below 375 km closer than systems like Starlink.
This enables lower latency, improved performance for smartphones and connected vehicles and smaller, more cost-effective ground terminals.
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UNIVITY is building a wholesale space infrastructure that allows telecom operators to deliver high-speed, low-latency internet from space, complementing existing terrestrial networks.
Its approach is based on two key pillars: operating in VLEO for performance and sustainability benefits and leveraging telecom operators’ existing 5G spectrum and infrastructure to reduce costs and ensure seamless integration.
This strategy enables native compatibility with current mobile networks and supports continuous 5G non-terrestrial network (NTN) services without relying on congested frequency bands.
The Series A funding will help advance the uniShape program, the first VLEO-based 5G NTN demonstrator developed with support from CNES.
The program will deploy two satellites to validate end-to-end high-throughput connectivity, including direct-to-smartphone communication from space.
“The closer the satellite is to the ground, the quicker the signal can move back and forth. Having satellites closer to the ground means we can have smaller antennas, which makes them easier to fit into different places and cheaper, and that’s one of the things that will make it truly accessible to as many people as possible,” explains Shola Efunshile, UNIVITY’s COO.
“By positioning space as the natural extension of terrestrial networks, the company is already establishing itself as a pivotal player in the sector, adds Anthony Bourbon, founder of Blast.
About UNIVITY
UNIVITY is a space tech startup building a next generation satellite constellation to help telecom operators deliver high-speed low-latency internet where terrestrial networks are limited. Focused on affordability and sustainability the company supports global connectivity through advanced infrastructure integrated with existing telecom networks.
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