Kinéis €100m funding round
French IoT nanosatellite operator Kinéis raised €100m to build and launch a 25-satellite constellation.
- Company
- Kinéis
- Type
- Venture round
- Status
- Completed
- Date
- 3 Feb 2020
- Value
- €100m
- US$ equivalent
- US$114m
- Value basis
- €100m from existing shareholders and new investors
- Region
- France
- Segment
- Venture and growth equity
Parties
- Kinéis issuer
- CLS investor
- CNES investor
- Bpifrance (SPI fund) investor
- Thales investor
Key terms
- Size
- €100m
- Use of funds
- About 25 nanosatellites, launches targeted for 2022
Sources
- Via Satellite: Kinéis raises €100m to finance IoT constellation satellitetoday.com · 4 Feb 2020
- EU-Startups: Kinéis raises €100m to launch its IoT nanosatellite constellation eu-startups.com · Feb 2020
Record ORB-INV-2020-0013. Investments are kept apart from the financings register and never counted in debt totals.
