Look Up Space, a Toulouse, France-based space safety company, raised €14M in funding.
The funding included €7m in private funding, and €7m in public subsidies as part of France 2030 and French Tech Seed. The private round was led by CosmiCapital and MIG Capital, with support from Geodesic Expansion and private investors, including Greg Wyler (E- SPACE), Hélène Huby (Urania Ventures) and Jean-Baptiste Djebbari.
The company intends to use the funds to develop its “SORASYS” space surveillance radar demonstrator and its “SYNAPSE” multi-source data fusion and processing platform by the end of 2024.
Led by CEO Michel Friedling and Juan Carlos Dolado, Look Up Space is developing a global solution based on a worldwide network of radars and an innovative platform for the massive fusion and processing of multi-source data to enable permanent, real-time, reliable (insensitive to atmospheric conditions) and precise (detection of centimeter-class objects) surveillance, providing space security data and services for institutional and private, civil and military customers.
By September first, the company will have more than 20 employees from French and European space and digital companies, as well as from CNES and the French Ministry of the ArmedForces.
FinSMEs
22/06/2023