Francesco Sciortino, co-founder and CEO of Proxima Fusion explains to Startupbusiness how the research he is working on works and why Europe is ahead
The two companies start the collaboration to enhance the software capabilities of the Italian ION Satellite Carriers through the Indian company's Storm platform
The Italian spacetech startup and the Korean company will collaborate on the launch of picosatellites for internet of things applications, next launch in July 2024
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The transaction is led by PranaVentures and also involves business angels such as Roberto Marsella and Fabio Troiani, 40Jemz and Intesa Sanpaolo
She works alongside President Luca Benatti and has experience both as an entrepreneur and as an investor in the life sciences sector
The traveltech scaleup intends to embrace markets beyond those in which it operates directly: Italy, Spain, the United Kingdom, Germany and France
The round, worth a total of $26 million, sees the Italian VC engaged together with other investors including Petrichor
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