Tech Company Financing Transactions
TerraSpark Funding Round
TerraSpark, based in Luxembourg, raised $5.8 million in investment from Better Ventures, Daphni and private investors.
Transaction Overview
Company Name
Announced On
3/30/2026
Transaction Type
Venture Equity
Amount
$5,800,000
Round
Seed
Investors
Proceeds Purpose
The funding will be used to further develop the company's technology and support upcoming pilot applications and live testing.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
4, rue Henri M. Schnadt
Luxembourg, L-2530
Luxembourg
Luxembourg, L-2530
Luxembourg
Phone
Undisclosed
Website
Email Address
Overview
TerraSpark is Europe's answer to Space-Based Solar Power (SBSP). Our mission: deliver clean, resilient energy from orbit--initially sending power where today's grids can't: remote industries, island nations, disaster zones, and eventually, global energy coverage. Unlike traditional SBSP moonshots aiming for city and nation-scale power with solar farms in high Earth orbits, TerraSpark makes SBSP commercially viable already in Low Earth Orbit (LEO) then scales up and goes further out from there. By starting smaller, proving customers and economics early, and scaling step by step, we make SBSP investible and inevitable.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jasper Deprez
Chief Operating Officer
Matthias Laug
Chief Technical Officer
Sanjay Vijendran
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About Our Venture Capital Transactions Database
We do our best to document funding rounds that are announced publicly. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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