Financial take-off for microsatellite company
Challenge Advisory are pleased to announce that we have obtained £2 million in series A funding for a micro-satellite company.
The technology start-up, based in Europe, were looking for a consortium of European investors to help support the development of their product and market-entry.
Challenge Advisory, from our network of VCs, were able to find an appropriate group of investors to fund this venture. Challenge oversaw the entire process from initial contact to contract negotiations, ensuring the entire investment process ran efficiently.
All stakeholders are excited to see how this disruptive start-up will progress in an exciting sector.
About Challenge Advisory:
Challenge Advisory is a global advisory firm that specialises in business development and innovation. They work as trusted advisors to governments, global organisations and multinational businesses, helping their clients to expand their markets and strengthen the foundations of their clients’ organisation. They have strong industry connections in agriculture, sustainability and disruptive technology.