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Promus Ventures closes €120 million space fund

Promus Ventures has closed a €120 million space fund named Orbital Ventures, Promus announced. The Luxembourg-based fund focuses on early-stage, …

Frontiers News News Space Space Economy News

Promus Ventures has closed a €120 million space fund named Orbital Ventures, Promus announced. The Luxembourg-based fund focuses on early-stage, space-related companies. The European Investment Fund contributed €40 million, while other investors include the Luxembourg Government through the Ministry of Economy and the National Credit and Investment Institution.