PARIS (CNES PR) — Karista announces the first closing of CosmiCapital, its venture capital fund initiated by CNES and entirely dedicated to NewSpace. Subscribed in particular by CNES, initiator of the fund, and the National Seed Fund 2 (FNA 2), managed on behalf of the State by Bpifrance, within the framework of the Future Investments Program (PIA), the fund will have an investment capacity of 38 million euros [US $43.9 million] to fulfill its main objective: take advantage of the unprecedented acceleration of the space economy and invest in French and European technology start-ups in the sector. With this closing, Karista completes its range of funds to become a European multi-fund venture management platform.