TLDR:
- Alpine Space Ventures is close to reaching its $160 million target for its first fund
- The fund has significant investments from the European Investment Fund and the NATO Innovation Fund
Alpine Space Ventures, a venture capital investor focused on space, has raised $155 million so far and expects to reach its target by the end of the month. The fund has received investments from the European Investment Fund and the NATO Innovation Fund. The majority of the fund is invested in Europe, with a focus on near-commercial technologies in the space sector. The Munich-based company has a team that includes former SpaceX employees.
European governments are prioritizing issues related to the space sector, with a sense of urgency. Alpine Space Ventures is closely monitoring the situation as it works towards reaching its target fund amount. This investment will further support the development of innovative technologies in the space industry.
