Top 20 fastest-growing Space Tech Startups in Europe
- Valerie Charoux
- 4 days ago
- 4 min read

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:
Earth Observation Satellites raised the most funding when excluding Oneweb, followed by Launch Vehicles and Communication & Connectivity Satellites, according to Dealroom.
Here is the list of the Top 20 fastest-growing Space Tech Startups in Europe:
1 – The Exploration Company - Germany
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.
2 – Destinus - Netherlands
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.
3 – PLD Space - Spain
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.
4 – Sen Corporation - UK
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.
5 – Reflex Aerospace - Germany
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.
6 - OroraTech - Germany
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.
7 – Sateliot - Spain
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.
8 – OQ Technology - Luxembourg
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.
9 – Solar Foods - Finland
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.
10 – Unseenlabs - France
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.
11 – Satlantis - Spain
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.
12 – Magdrive - UK
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.
13 – Latitude - France
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.
14 – Orbex Space - UK
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.
15 – Pangea Aerospace - Spain
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.
16 – Open Cosmos - UK
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.
17 – D-Orbit - Italy
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.
18 – ION-X - France
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.
19 – SWISSto12 - Switzerland
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.
20 – Cailabs - France
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.