Expansion Ventures Secures €137M Funding to Propel European Aerospace & Defence Startups

Expansion Ventures, a pioneering venture capital fund co-founded by renowned investment groups Audacia and Rymdkapital, has successfully secured an impressive €137 million in its initial funding round. This significant capital infusion marks a crucial step towards realizing its ambitious goal of establishing a €300 million VC fund dedicated to propelling the growth of European Aerospace and Defence startups, spanning from Pre-Seed to Series B stages. As the aerospace and defense sectors undergo transformative changes fueled by technological advancements, Expansion Ventures aims to bridge the funding gap that many innovative startups face in these critical industries. The firm is positioned to identify and nurture the potential of groundbreaking companies that seek to revolutionize air travel, space exploration, and national security through innovative technologies and scalable solutions. With this funding, Expansion Ventures will not only invest in cutting-edge startups but also provide mentorship, strategic guidance, and industry connections, all integral to fostering a vibrant ecosystem for aerospace and defence innovation in Europe. The firm’s approach reflects a commitment to elevating visionary entrepreneurs poised to redefine the landscape, ultimately contributing to the continent's competitive edge in a rapidly evolving global market. As Expansion Ventures embarks on this exciting journey, it stands ready to catalyze a new era of growth and innovation in Europe’s aerospace and defense sectors.