OKAPI:Orbits has secured €13 million in seed funding to enhance its Space Traffic Management solutions and expand its international operations.

Target Information

OKAPI:Orbits, a leading European provider of Space Traffic Management (STM) solutions, has successfully secured €13 million in seed funding. The financing round was led by Ventech, a prominent early-stage venture capital firm rooted in Germany, alongside significant contributions from Matterwave Ventures, the Amadeus APEX Technology Fund, and individual investors such as Christian Miele, former chairman of the German Start-up Association. This funding aims to enhance the company's technical capabilities, expand its team, and bolster its international presence.

Specializing in end-to-end Space Traffic Management, OKAPI:Orbits leverages AI-driven platforms to manage risks associated with the increasing congestion of satellites and ensure sustainable operations in space. Their innovative systems provide comprehensive solutions from mission planning to decommissioning, aimed at improving the safety and viability of space endeavors.

Industry Overview

The space industry in Europe has witnessed significant evolution, particularly with the European Union's initiatives such as the EU Space Act, designed to establish regulatory frameworks for sustainable space operations. Furthermore, in March of this year, the European Space Agen