💫 Series A to AI: Today's Space-Tech Scoop!

Hello fellow stargazers and startup savants!

From satellites securing serious Series A to search engines soaring in the geospatial galaxy, it's a busy time in the space-tech sector.

It's not rocket science - it's your weekly space-tech update! Now, buckle up and let's blast off into these stories.

🤌 Our Picks

1/ Apex Space, a satellite bus manufacturing startup, closed a $16 million Series A round co-led by Andreessen Horowitz and Shield Capital. The company is preparing for its first demonstration mission early next year (link)​

2/ Safran Corporate Ventures and three co-investors invested in Vyoma, a startup planning to launch a constellation of observation satellites to monitor space debris in Low Earth Orbit (LEO). The investment is part of an €8.5 million funding round (link)​

3/ Danti, a startup that has developed a search engine for geospatial data, raised $2.75 million in pre-seed funding. The search engine uses AI to help users find relevant information about places on Earth using data from satellites, aircraft, and social media, among other sources (link)​

4/ The Israel Innovation Authority has awarded a grant of approximately $330,000 to Maris-Tech, a startup developing technology for use in space. The technology includes peripheral photography, recording, transmission, and artificial intelligence for nanosatellites and space platforms (link)​

🤓 Other news

• Startup Spotlight: With €5.2M funding, spacetech AIRMO to launch a satellite to fight climate change (link)​

• German startup offers ‘microgravity on demand’ via its space capsules, securs €4 million seed round (link)​

• Indian space situational awareness startup raises $10 million (link)​

• Google is part of a $36 million funding round for Bengaluru-based Pixxel, a satellite-image startup (link)​