Illkirch-Graffenstaden, France (Leanspace PR) — Leanspace, the company building the digital infrastructure of the space industry, is today announcing a major milestone in its development with the closing of an oversubscribed Seed financing round of €6m ($6.4m). The funding will be used to scale up Leanspace’s cloud services platform, and was led by Karista and 42CAP, with complementary non-dilutive financing from Bpifrance. The new investors join leading space organizations already backing Leanspace, like Seraphim Space, the International Space University and strategic business angels.

The commercialization of the space industry and the ‘NewSpace’ paradigm have complexified, rather than simplified, the management of space missions. On top of the legacy requirements we’ve seen for decades: reliability, trust and bespoke developments, space programmes of today come with new needs: a drastic increase in agility and reduction of costs.

STRASBOURG, France (Leanspace PR) — Leanspace, the company building the future digital infrastructure of the space industry, today announced its launch out of stealth mode with several major customers. A Seraphim Space backed start-up, it has already raised over 2 million Euro in seed funding from institutional and angel investors.

Its first offering is the Leanspace Cloud, a technology enabling space organizations to easily build integrated software ecosystems to run space missions. It will be launched at the SpaceTechExpo in Bremen, Germany, via a public demonstration event in partnership with ClearSpace, the International Astronautical Federation (IAF) and the International Space University (ISU).