Neuraspace, a Portuguese startup focused on space traffic management, has secured $18 million in new funding to enhance European space domain awareness and defense capabilities. The funding includes a Series B venture capital round and significant support from Portugal's EU-backed Recovery and Resilience Plan. This capital will be used to develop NeuraspaceDEF, an AI-powered platform for satellite tracking, collision alerts, and threat assessment, aiming to reduce reliance on U.S. systems and bolster European sovereignty in space. AI
IMPACT This funding will accelerate the development of AI-driven space traffic management, crucial for navigating increasingly congested and contested orbital environments.
RANK_REASON Significant funding round for an AI-powered space technology company. [lever_c_demoted from significant: ic=1 ai=0.7]
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- Armilar Venture Partners
- Chiara Manfletti
- European Space Agency
- Explorer Investments
- Lince Capital
- NATO
- Neuraspace
- Portugal
- Portuguese Air Force
- Spire Global
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