Top investors important for Luxembourg Space ecosystem with the biggest sum of funding rounds in industry over the recent years

Intro

In line with its determination to create a solid, vibrant and innovative space sector, Luxembourg has developed an overarching space policy. The objectives are to develop the Luxembourg space ecosystem and create synergies with businesses and organisations outside the space sector, encourage the development of key skills and expertise, and develop Luxembourg and its space sector internationally.
The Luxembourg Space Agency promotes the commercial space sector in Luxembourg by providing support to the space industry, fostering new and existing businesses, developing human resources, offering access to financial solutions and supporting academic learning and research. Managed by the Luxembourg Space Agency and implemented by the European Space Agency, LuxIMPULSE can provide funding to help companies established in Luxembourg to bring innovative ideas to market.
Luxembourg has also established a partnership with the European Investment Bank to design and implement innovative funding tools, especially for space resources exploration and utilisation, as well as related applications.
In 2019, for the 8th edition of Fit 4 Start, high potential start-ups active in SpaceTech are included.

The top 37 investors according to the total money raised in the funding rounds. These are VC funds and corporate investors in Western Europe that have invested over the last 3 years. They are actively investing in Space Travel and Aerospace and Satellite Communication industries.

Amount of money raised in Space Travel and Aerospace and Satellite Communication funding rounds is $3.2B, which is 1.6% of the total amount of money raised in rounds in Western Europe over the last 3 years.

Top investors important for Luxembourg Space ecosystem with the biggest sum of funding rounds in industry over the recent years
data provided by Unicorn Nest

Key takeaways

• Funds Geography – There are a couple of leading countries in the result. They are Germany, France and Switzerland. They host 11 VCs each. There is an equal amount of VCs in Paris, Zürich and Berlin which host 7 funds each. There are also funds from Luxembourg. VCs in the sample usually invest in Germany and France. They also invest in The United States and Switzerland. For the majority of the funds, the country of the funds’ establishment and the country of their most frequent investments coincide.
• Industry Focus – The funds’ most common field for investments is Finance. They also invest in Banking, Business Development and Enterprise Software.
• Important Years – The oldest fund in the sample was founded in 1848 and the newest one in 2016. In 1997 the most amount of funds were founded. VCs in the sample made the most deals in the period from 2000 to 2020. For some funds, 2018 was the year with the most amount of deals.
• Investments – Usually VCs take part in 2 – 6 funding rounds per year, sometimes in 2, 7 – 12 or in 24. The minimum number of funding rounds for VCs in the sample is 2, the maximum is 482. Average number of funding rounds is 103.4 while median is 55.0. The most common amount of funding rounds for VCs in the sample is 82. Minimum amount of lead investments for funds is 0 and maximum is 134. Average amount of lead investments is 24.6 while median is 12.0. The most common amount of lead investments is 1. Index of difference in percentage points of lead investments from the average is between -46.0 and 29.0 for funds in the sample. The average value for this difference is -2.82 and the median is 0.43. It means that these funds act as lead investors less often than other funds. The most common value is -21.0.
• Typical Rounds – The most common investment stage for funds in the sample is Early stage. Seed, Late and Private Equity stages are less common. VCs usually participate in rounds with 3 – 4 investors. Less often in rounds with 2 – 3, 1 – 2 or 4 – 5 investors. The most common round size for VCs in the sample is less than 100 thousands. Less common ranges are 10 – 50 million, 100 thousands – 1 million and 1 – 5 million. A Funds’ average multiplicator for portfolio companies at the last known valuation is 0.0 at minimum and 3.1 at maximum. Average value for this multiplicator is 0.19 and median is 0.05. The most common multiplicator value is 0.0.