TLDR:
- Arielle Zuckerberg’s venture capital firm, Long Journey, has invested in French space tech company Dark.
- Dark aims to prevent space debris from falling back to Earth.
In a recent development, Arielle Zuckerberg, the sister of Meta chief Mark Zuckerberg, through her venture capital firm Long Journey, has invested in French space technology company Dark. This investment is part of a growing trend of funding for companies in the space sector, with Long Journey citing Dark’s focus on preventing space debris as a strategic fit with its existing portfolio.
Long Journey’s involvement in this latest round of fundraising for Dark, led by French investment company Eurazeo, has helped raise a total of $6 million for the space tech company. This brings Dark’s early stage funding to $11 million, with participation from other venture capital firms like Frst as well.
The investment in Dark comes at a time when the European Union and France are striving to keep pace with the United States and China in the space technology sector. The overall trend in the space industry is also reflected in a recent report by venture capital firm Space Capital, which noted a significant increase in funding for space startups in the first quarter of the year.
Overall, Arielle Zuckerberg’s firm’s investment in Dark highlights the growing interest and investment in the space technology sector, with a focus on innovative solutions for space security and debris prevention.
