Top 20 fastest-growing Space Tech Startups in Europe
- Valerie Charoux
- Aug 14
- 4 min read
Updated: Aug 22

Space Tech News Europe - Space Tech startups in Europe raised over $700M in 2022. Here is the list of the Top 20 fastest-growing Space Tech Startups in Europe, according to Dealroom.
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Earth Observation Satellites raised the most funding when excluding Oneweb, followed by Launch Vehicles and Communication & Connectivity Satellites.
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Here is the list of the Top 20 fastest-growing Space Tech Startups in Europe:
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1 – The Exploration Company - Germany
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The Exploration Company is a B2B Space tech startup that was launched in 2021 and has a valuation of around USD 660-990 million and a 105% growth over 12 months.
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2 – Destinus - Netherlands
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Destinus is a B2B transportation space startup that was launched in 2021 and has a valuation of around USD 116-174 million and a 93% growth over 12 months.
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3 – PLD Space - Spain
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PLD Space is a B2B health space startup that was launched in 2011 and has a valuation of around USD 180 million and a 65% growth over 12 months.
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4 – Sen Corporation - UK
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Sen Corporation is a B2B media space startup that was launched in 2014 and has a valuation of around USD 11-16 million and an 80% growth over 12 months.
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5 – Reflex Aerospace - Germany
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Reflex Aerospace is a B2B space startup that was launched in 2021 and has a valuation of around USD 39 million and a 60% growth over 12 months.
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6 - OroraTech - Germany
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OroraTech is a B2B energy space startup that was launched in 2018 and has a valuation of around USD 163-244 million and a 55% growth over 12 months.
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7 – Sateliot - Spain
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Sateliot is a B2B telecom space startup that was launched in 2019 and has a valuation of around USD 165 million and a 51% growth over 12 months.
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8 – OQ Technology - Luxembourg
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OQ Technology is a B2B telecom space startup that was launched in 2015 and has a valuation of around USD 106-158 million and a 69% growth over 12 months.
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9 – Solar Foods - Finland
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Solar Foods is a B2B & B2C food space startup that was launched in 2017 and has a valuation of around USD 83 million and a 35% growth over 12 months.
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10 – Unseenlabs - France
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Unseenlabs is a B2B transportation space startup that was launched in 2015 and has a valuation of around USD 271-407 million and a 41% growth over 12 months.
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11 – Satlantis - Spain
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Satlantis is a B2B space startup that was launched in 2014 and has a valuation of around USD 73-109 million and a 51% growth over 12 months.
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12 – Magdrive - UK
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Magdrive is a B2B space startup that was launched in 2019 and has a valuation of around USD 42-63 million and a 122% growth over 12 months.
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13 – Latitude - France
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Latitude is a B2B space startup that was launched in 2019 and has a valuation of around USD 119-178 million and a 42% growth over 12 months.
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14 – Orbex Space - UK
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Orbex Space is a B2B space startup that was launched in 2015 and has a valuation of around USD 267 million and a 26% growth over 12 months.
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15 – Pangea Aerospace - Spain
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Pangea Aerospace is a B2B space transportation startup that was launched in 2022 and has a valuation of around USD 101-152 million and a 55% growth over 12 months.
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16 – Open Cosmos - UK
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Open Cosmos is a B2B space startup that was launched in 2015and has a valuation of around USD 200-300 million and a 37% growth over 12 months.
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17 – D-Orbit - Italy
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D-Orbit is a B2B space startup that was launched in 2011 and has a valuation of around USD 550 million and a 21% growth over 12 months.
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18 – ION-X - France
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ION-X is a B2B space startup that was launched in 2021 and has a valuation of around USD 47-86 million and a 71% growth over 12 months.
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19 – SWISSto12 - Switzerland
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SWISSto12 is a B2B telecom space startup that was launched in 2011 and has a valuation of around USD 73-109 million and a 57% growth over 12 months.
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20 – Cailabs - France
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Cailabs is a B2B semiconductors space startup that was launched in 2012 and has a valuation of around USD 114-172 million and a 30% growth over 12 months.
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