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Expansion Ventures

Venture capital

Paris · Pre-Seed–Series B · 1 people tracked

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Investment thesis

Expansion Ventures invests in European DeepTech across sustainable aerospace and defence, aiming to strengthen the continent's long-term sovereignty and resilience. Its focus areas span small satellite platforms and payloads, space-derived data analytics, in-orbit servicing and orbital logistics, space-based and airborne intelligence and connectivity systems, AI-native sensing, data fusion and decision-support capabilities, and unmanned aerial, ground and maritime systems with dual-use civilian and defence applications. The firm invests from pre-seed to Series B and positions itself as offering more than capital, contributing deep sector expertise, strategic insight and long-term support to the companies it backs.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series B
HQ
Paris, FR
Instruments
Equity
Tracked investments
31

Team · 1 people

from the firm's website

What they invest in

from 19 of 31 portfolio companies

Space Tech ×15Deep Tech ×14Hardware ×10Defense Tech ×4Climate Tech ×3AI & Machine Learning ×2Cleantech ×2Energy ×2

HQs:France×11Germany×3

Investments · 31 tracked

founders shown can be your intro path
Aldoriaaldoria.comin𝕏

Aldoria develops space surveillance technology for Space Situational Awareness (SSA) and Space Traffic Management (STM), serving governments, space agencies, institutions, and commercial satellite operators.

Deep TechDefense TechSpace Tech

Romain Lucken(Co-founder)Damien Giolito(Co-founder)

PartnerTed Elvhage· solo GP

Alta Aresaltaares.comin

PartnerTed Elvhage· solo GP

Arkadia

Develops green chemical thrusters for in-orbit propulsion.

PartnerTed Elvhage· solo GP

Arkadiaspacearkadiaspace.com

PartnerTed Elvhage· solo GP

Ascendanceascendance-ft.comin

Ascendance develops hybrid-electric propulsion systems for next-generation aircraft and unmanned aerial vehicles, serving civil and defence operators seeking improved range, efficiency, and reduced environmental impact.

CleantechDeep TechDefense TechEnergyMobility & TransportationToulouse, FR

Jean-Christophe Lambert(CEO)

PartnerTed Elvhage· solo GP

Ascendance Flight Technologies

Develops VTOL aircraft and hybrid propulsion systems.

PartnerTed Elvhage· solo GP

ATMOSatmos-space-cargo.comin𝕏

ATMOS Space Cargo develops and operates reusable spacecraft and return systems for space logistics, offering controlled access to low Earth orbit and recovery capabilities.

Deep TechHardwareLogistics & Supply ChainSpace TechStrasbourg, DE

Sebastian Klaus(Co-Founder)Marta Oliveira(Co-Founder, Chief Operations Officer)Jeffrey Hendrikse(Co-Founder, Chief Technical Officer)Christian Grimm(Co-Founder, Chief Engineering Officer)

PartnerTed Elvhage· solo GP

Dcubeddcubed.spacein𝕏

DcubedD builds space technology products.

Deep TechHardwareSpace Tech

PartnerTed Elvhage· solo GP

Eos Technologieeos-technologie.comin

EOS Technologie is a French manufacturer of fixed-wing drones (UAV/UAS) built for ISR and ISTAR missions, offering models with long endurance, radar stealth, and interception speeds exceeding 300 km/h.

Defense TechHardwareRobotics

PartnerTed Elvhage· solo GP

ESGwebsite-files.com

PartnerTed Elvhage· solo GP

Exobiosphereexobiosphere.comin

Exobiosphere is building a standardized space-based high-throughput testing platform that lets pharma and biotech partners run automated experiments in orbit, using microgravity combined with lab automation and bioinformatics to create more physiologically relevant 3D biology models.

BiotechDeep TechSpace Tech

Kyle Acierno(Co-Founder & Chief Executive Officer)Bruno Santos(Co-Founder & Director of R&D)Olivia Borgue(Co-Founder & Director of Engineering)

PartnerTed Elvhage· solo GP

Hypr Spacehypr-space.comin𝕏

Develops hybrid propulsion technology for space and defense markets.

PartnerTed Elvhage· solo GP

Ion Xion-x.spacein

ION-X develops ionic liquid electrospray thrusters, a plug-and-play propulsion system for small satellites and constellations in Low Earth Orbit, based on patented nanoscience technology from CNRS.

Deep TechHardwareSpace TechSaclay, FR

PartnerTed Elvhage· solo GP

Latitudelatitude.euin𝕏

Latitude develops launch vehicle technology to provide access to orbit, positioning itself in the European spaceflight industry.

Deep TechHardwareSpace TechReims, FR

PartnerTed Elvhage· solo GP

Ligne8ligne8.studioin

Ligne8 is a product studio that designs and builds AI-native mobile apps, web platforms, custom SaaS, business back-offices and AI products, from product strategy through UX/UI to deployment.

AI & Machine LearningDeveloper ToolsSaaS

PartnerTed Elvhage· solo GP

Look Up

Operates a network of ground-based radars to supply SSA data.

PartnerTed Elvhage· solo GP

Look Up Spacelookupspace.comin

Lookup Space is a space company whose team page lists its leadership across operations, engineering, product, and commercial functions.

Deep TechDefense TechSpace TechParis, FR

Michel Friedling(Co-Founder & CEO)Juan Carlos Dolado(Co-founder)Juan Carlos Dolado Pérez(Co-Founder & Chief Strategy and Innovation Officer (CSIO))Alban de Crémiers(General Manager)Gilles Tétin(VP Operations)François-Xavier Fenet(VP Engineering)

PartnerTed Elvhage· solo GP

Messium

Uses hyperspectral satellite imagery to determine optimal fertilization for crops.

PartnerTed Elvhage· solo GP

Miratlasmiratlas.com

Miratlas builds Sky Monitor instruments and provides data for the collection, processing, and forecasting of optical atmospheric data, measuring atmospheric turbulence for space and astronomical organizations such as ESA, NASA, DLR, ONERA, and CNES.

Climate TechDeep TechHardwareSpace Tech

Jean-Edouard CommunalFrédéric JabetKarine Chevalier

PartnerTed Elvhage· solo GP

Orbifyorbify.comin

Orbify offers a satellite intelligence platform that monitors vegetation threats, climate risks, and infrastructure changes for energy markets and the environmental sector.

AI & Machine LearningClimate TechEnergySpace Tech

PartnerTed Elvhage· solo GP

Osmos Xosmos-x.comin

OSMOS X develops ion propulsion and plasma-based systems for reusable, high-efficiency orbital vehicles aimed at satellite transportation, in-orbit servicing, and space debris mitigation.

Deep TechHardwareLogistics & Supply ChainSpace TechBruz, FR

Arnaud Masson(CEO)Matthieu Cavellier(CEO)

PartnerTed Elvhage· solo GP

ReOrbitreorbit.spacein

Develops and manufactures software-enabled satellites for secure communications.

PartnerTed Elvhage· solo GP

Skynopyskynopy.com

PartnerTed Elvhage· solo GP

Space Cargo

PartnerTed Elvhage· solo GP

Space Cargo Unlimited

Developing an in-orbit production platform.

PartnerTed Elvhage· solo GP

Space Cuspace-cu.comin𝕏

Space Cargo Unlimited builds a multi-platform ecosystem for in-space manufacturing and research in Low Earth Orbit, including its BentoBox payload system and REV1 reusable orbital return vehicle.

Advanced ManufacturingDeep TechSpace Tech

PartnerTed Elvhage· solo GP

The Exploration Companyexploration.spacein

The Exploration Company develops reusable space transportation infrastructure, including a capsule system for space station logistics and rocket engines.

Deep TechHardwareSpace TechGermany, DE

Hélène Huby

PartnerTed Elvhage· solo GP

U Spaceu-space.frin

U-Space builds small satellites (Smallsat) and satellite constellations, and provides a complete ground segment and mission operations center available as SaaS or on-premise, accessible via UI or REST API.

HardwareSaaSSpace Tech

PartnerTed Elvhage· solo GP

Univityunivity.globalin𝕏

UNIVITY provides technology that enables telecom operators to deliver universal, high-performance connectivity, with a focus on space-based operations.

Deep TechHardwareSpace Tech

PartnerTed Elvhage· solo GP

WaltRwaltr.frin

Waltr provides environmental data solutions, including an Aircraft Emission Tracker that measures aircraft engine emissions to help airports and aviation operators improve environmental and operational performance.

CleantechClimate TechData & Infrastructure

PartnerTed Elvhage· solo GP

Zephaltozephalto.comin𝕏

Zephalto develops stratospheric balloon flights to carry passengers to near-space, working in partnership with the French space agency CNES for its balloon technology.

Deep TechSpace TechTravel & Hospitality

PartnerTed Elvhage· solo GP

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Expansion Ventures invest at?
Expansion Ventures invests at the Pre-Seed, Seed, Series A, Series B stages.
What sectors does Expansion Ventures focus on?
Expansion Ventures focuses on AgTech, AI & Machine Learning, Deep Tech, Defense Tech, Robotics, Space Tech.
Where is Expansion Ventures located?
Expansion Ventures is headquartered in Paris, FR.

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