Satellite startup Open Cosmos raises €300m amid space frenzy

Open Cosmos, a European satellite company, raised €300 million in funding, per Sifted. The round reflects intensifying capital flows into the space sector as investors back ventures developing satellite communications, Earth observation, and related infrastructure.

The article does not specify the round's structure, lead investors, or use of proceeds beyond the headline figure. Details on whether this was a Series round, growth stage, or alternative funding vehicle are not disclosed in the source material provided.

Open Cosmos operates in the satellite services market, a segment that has drawn significant venture and institutional investment over the past several years. Companies in this space develop communications networks, imaging platforms, and other orbital-based services targeting enterprise and government customers.

The broader space economy has attracted growing attention from investors seeking exposure to orbital infrastructure, launch capabilities, and downstream applications. European companies have competed for funding alongside U.S. players in recent years, reflecting both regional policy support and the commercial appeal of satellite-based services. The timing of this round aligns with continued momentum in the sector, though the source does not detail specific market drivers or competitive positioning for Open Cosmos within the landscape.