Speedinvest backs MP Space
MP Space secures $16M Seed funding to scale spacecraft battery production. Investors include Blackbird, Systemiq Capital, and Seraphim Space.
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European venture capital firm for technology startups
speedinvest.comLast updated
In short: Speedinvest launched a $46 million fund for Africa and saw portfolio companies acquired by OpenAI and Mistral.
MP Space secures $16M Seed funding to scale spacecraft battery production. Investors include Blackbird, Systemiq Capital, and Seraphim Space.
The acquisition creates Europe's first frontier lab for industrial AI, combining Emmi's physics AI with Mistral's models.
This partnership strengthens Europe-Africa ties and brings Japanese capital to European founders through the Power of More initiative.
The fund exceeded its target by €50 million, raising total assets over €600 million including follow-on vehicles. New and existing investors participated.
Speedinvest, the Vienna VC firm, opened its first dedicated MEA fund last week, anchored by EIB Global, Mubadala and Qatar Investment Authority EIB Global committed...
The commitments formalise Speedinvest’s continued expansion across EMEA, with dedicated capital for early growth-stage startups across MENAPT and SSA...
SBI Holdings, Inc., its wholly owned subsidiary SBI Ventures Europe GmbH, and Speedinvest GmbH have entered into a strategic partnership.
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