PARIS (CNES PR) — The acceleration program for European space start-ups SpaceFounders has entered its final “FUND” phase, that of seeking funding, a phase which will last over time, probably until 2022, but which is looming and already very promising. The Demo Days, which were held successively, in Berlin on Tuesday, 23 November, and in Paris on Thursday, 25 November, were a real success. They enabled privileged meetings with investors, partners or large institutional clients.
The 10 successful start-ups of the program were able to present their strategy and their ambition to become the world champions of the New Space of tomorrow, in front of more than 40 private investors, venture capital funds, European family offices and business angels.
Building on this success, the SpaceFounders program plans for 2022 to bring out 20 new Spacetech nuggets with the launch of the recruitment of the second class next spring, within the framework of the cooperation agreement signed between CNES and the University of the Bundeswehr Munich.
As a reminder, the SpaceFounders program, ultra-intensive and ultra-high quality, is held over 3 months. The selected start-ups benefit from the powerful network and infrastructure of CNES as well as those of the University of the Bundeswehr Munich. They also benefit from the support of exclusive partners such as the ESA (European Space Agency) and the DLR (German Aerospace Center).
SpaceFounders relies on a unique community of more than a hundred mentors who are among the very first players in the European space and digital ecosystem. Thanks to these, start-ups benefit from personalized support in technical, business and financial fields.
At the end of the Paris Demo Day, Philippe Baptiste, Chairman and CEO of CNES, declared: “I wanted to be present at this sequence to confirm CNES’s commitment alongside the 2021 winning start-ups of the SpaceFounders program. I was impressed with the quality of each Pichs. CNES will now provide concrete support by signing contracts on the markets likely to serve its programs. I thank the investors present and I appeal to their involvement at this stage of the program so as to place Europe in the New Space of tomorrow. “