Expansion Ventures — Full Portfolio

Alta Ares builds an AI stack for autonomous air defense and ISTAR, including counter-drone interceptor effectors, an ISR product suite, and mission management software designed for contested, GNSS-denied environments.

AI & Machine LearningDefense TechRoboticsParis, FR

Alain Henry(Founder)Hadrien Canter(Founder)Stanislas Walch(Founder)Théo Bondarec(Founder)

PartnerTETed Elvhage· solo GP

Co-investorsAIAir Street CapitalAPApeiron Venture CapitalCHCherry VenturesHAHarpoon VenturesKIKima VenturesOTOTB Ventures+5 more

PartnerTETed Elvhage· solo GP

Co-investorsDRDraper B1

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

JLJean-Christophe Lambert(CEO)inTBThibault Baldivia(Founder)in

PartnerTETed Elvhage· solo GP

Co-investorsKIKima VenturesBPBpifranceSNSnaw ventures

Benoît Ferran(Founder)Clément Dinel(Founder)Jean-Christophe Lambert(Founder)Thibault Baldivia(Founder)

Co-investorsM M Capital Partners

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

SKSebastian Klaus(Co-Founder, Chief Executive Officer)inMOMarta Oliveira(Co-Founder, Chief Operations Officer)inJHJeffrey Hendrikse(Co-Founder, Chief Technical Officer)inCGChristian Grimm(Founder)inDR.–ING. CHRISTIAN GRIMM(Co-Founder, Chief Engineering Officer)

PartnerTETed Elvhage· solo GP

Co-investorsAMAmadeus Capital PartnersANanother.vcAPAPEX VenturesBABalnord Sp. z o.o.E2E2MC VenturesFAFaber+8 more

DcubedD builds space technology products.

Deep TechHardwareSpace TechGermering, DE

PartnerTETed Elvhage· solo GP

Co-investorsAUAurelia FoundryBABayBG Venture Capital

EOS Technologie is a French manufacturer of reconnaissance and tactical drones, as well as remotely operated munitions systems.

Defense TechHardwareRoboticsNot stated, FR

PartnerTETed Elvhage· solo GP

PartnerTETed Elvhage· solo GP

Co-investors4I4impact capitalACAct Venture CapitalACACT Venture CapitalAMAmadeus Capital SAANAngel Physicians FundANAnkur Capital+69 more

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

KAKyle Acierno(Co-Founder & Chief Executive Officer)inBSBruno Santos(Co-Founder & Director of R&D)inOBOlivia Borgue(Co-Founder & Director of Engineering)in

PartnerTETed Elvhage· solo GP

Co-investorsEXExpon Capital

HyPrSpace develops a scalable hybrid rocket engine based on patented hybrid propulsion technology, aiming to provide Europe with a cost-effective and sovereign launch capability.

Deep TechHardwareSpace Tech

PartnerTETed Elvhage· solo GP

Co-investorsANAngular VenturesRERed River West

ION-X develops electric ion thrusters for spacecraft propulsion, specifically a plug-and-play 1U system called HALO-100X designed for satellite missions.

Deep TechHardwareSpace TechSaclay, FR

Jacques Giérak(Professor)

PartnerTETed Elvhage· solo GP

Co-investorsTETechnoFoundersBPBpifrance

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

Deep TechHardwareSpace TechReims, FR

PartnerTETed Elvhage· solo GP

Co-investorsBLBlast.ClubNANano VenturesCOCoinbase VenturesFAFactionNENew Enterprise Associates (NEA)PAPaxos+1 more

Latitude provides monitoring and debugging tools for AI agents in production, analyzing conversation sessions to identify failures and automatically dispatching coding agents to implement fixes.

AI & Machine LearningDeveloper ToolsEnterprise Software

Brian Wrightson(Founder)Cesar Miguelanez(Founder)Corentin Coste(Founder)Cyril Mathew(Founder)Gerard Clos(Founder)Ilan Saidi-Bekerman(Founder)

Co-investorsSUSur VenturesFAFactionNENew Enterprise Associates (NEA)

Ligne8 Studio is a product and AI design studio that builds digital products including mobile applications, web platforms, SaaS systems, and AI experiences.

AI & Machine LearningDeveloper ToolsSaaS

FMFrançois Mari(Co-founder)in

PartnerTETed Elvhage· solo GP

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

Deep TechDefense TechSpace TechParis, FR

MFMichel Friedling(Co-Founder & CEO)inJCJuan Carlos Dolado(Co-founder)inJCJuan Carlos Dolado Pérez(Co-Founder & Chief Strategy and Innovation Officer (CSIO))inADAlban de Crémiers(General Manager)inGTGilles Tétin(VP Operations)inFFFrançois-Xavier Fenet(VP Engineering)in

PartnerTETed Elvhage· solo GP

Co-investorsCACapDecisif ManagementETETF PartnersKAKaristaKFKfundMIMIG Capital AG

Messium uses satellite remote sensing and machine learning to deliver automated, lab-quality crop information, such as nitrogen status, to farmers and agronomists on a weekly basis.

AgTechAI & Machine LearningSpace TechLondon, GB

George Gilks(Founder (commercial strategy & vision))inVSVishal Soomaney Vijaykumar(Co-founder (product & technology))in

PartnerTETed Elvhage· solo GP

Co-investorsENEntrepreneur FirstFUFuture Planet CapitalNENewland SyndicateTRTrellis Road I Fund ABUKUK Innovation & Science Seed FundSUSuperSeed

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

JCJean-Edouard CommunalinFJFrédéric JabetinKarine Chevalier

PartnerTETed Elvhage· solo GP

Co-investorsKAKaristaCACapDecisif Management

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

JDJakub Dziwiszin

PartnerTETed Elvhage· solo GP

Co-investorsGGGGFGRGreen Generation FundRYRymdkapitalINInnovation Norway

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

AMArnaud Masson(CEO)inMCMatthieu Cavellier(CEO)in

PartnerTETed Elvhage· solo GP

PetPair is an Austin-based, foster-powered marketplace connecting animal shelters, volunteer fosters and adopters nationwide.

Aanandh Chandrasekar(Cofounder)Daniel Miyares(Cofounder)

Co-investorsBLBling CapitalEXExpansion Venture CapitalGRGreat Oaks Venture CapitalNENewlin VenturesDIDivide by ZeroFOForum Ventures

ReOrbit designs and manufactures advanced LEO and GEO satellites for connectivity, communication, and orbital intelligence, serving military, civil, and national security customers globally.

Deep TechDefense TechHardwareSpace TechHelsinki, FI

SSSethu Saveda Suvanam(Founder)in

PartnerTETed Elvhage· solo GP

Co-investorsICIcebreakerINInventureRYRymdkapitalSESeraphim Space1010x FoundersINInventure

Skynopy operates an end-to-end ground station service that connects satellites to the cloud, using a hybrid network of timeshared antennas and its own proprietary ground stations orchestrated through a platform with virtualized modem technology.

Cloud ComputingDeep TechSpace Tech

PBPierre Bertrand(CEO)inAntonin Hirsch(CTO)in

PartnerTETed Elvhage· solo GP

Co-investorsBEBetter AngleHEHeartcore CapitalKIKima VenturesALAlven

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

PartnerTETed Elvhage· solo GP

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

Deep TechHardwareSpace TechGermany, DE

HHHélène Huby(Founder)inJRJon Reijneveld(Founder)inArtur Koop(Founder)Jean-Philippe Reijneveld(Founder)Pierre Vinet(Founder)Sebastien Reichstadt(Founder)

PartnerTETed Elvhage· solo GP

Co-investorsATAtomicoBABalderton CapitalBABayern KapitalBEBessemer Venture PartnersCHCherry VenturesDEDeepTech & Climate Fonds+15 more

U-Space develops a 16U CubeSat platform with low electromagnetic noise, advanced pointing precision, and thermal regulation for satellite payloads.

Deep TechHardwareSaaSSpace Tech

Fabien Apper(co-fondateur & CEO)

PartnerTETed Elvhage· solo GP

Co-investorsBLBlast.Club

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

Deep TechHardwareSpace Tech

PartnerTETed Elvhage· solo GP

Co-investorsBLBlast.Club

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

eric pequignotin

PartnerTETed Elvhage· solo GP

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

VFVincent Farret d'Astiès(Founder)inVincent Farret d’Astiès(Founder)

PartnerTETed Elvhage· solo GP