{"id":147263,"date":"2025-09-09T11:52:29","date_gmt":"2025-09-09T09:52:29","guid":{"rendered":"https:\/\/www.startupbusiness.it\/e2-million-seed-round-for-space-tech-company-astradyne\/147263\/"},"modified":"2025-09-09T11:55:59","modified_gmt":"2025-09-09T09:55:59","slug":"e2-million-seed-round-for-space-tech-company-astradyne","status":"publish","type":"post","link":"https:\/\/www.startupbusiness.it\/en\/e2-million-seed-round-for-space-tech-company-astradyne\/147263\/","title":{"rendered":"\u20ac2 million seed round for space tech company Astradyne"},"content":{"rendered":"\n<p><strong>Italian space tech start-up Astradyne has announced that it has closed a \u20ac2 million seed investment round to accelerate the development of Solar-Z, its innovative ultra-light solar panel designed for space applications.<\/strong> The round was led by  <strong>Primo Capital through the Primo Space fund, the VC vehicle entirely dedicated to the space economy. The round also saw the participation of Galaxia, the National Technology Transfer Hub for Aerospace, created on the initiative of CDP Venture Capital&#8217;s Technology Transfer Fund together with Obloo Ventures, already an investor in the pre-seed round, the Eureka! Fund I \u2013 Technology Transfer fund and the Puglia co-investment fund.  <\/strong>, both managed by Eureka! Venture. <\/p>\n\n<p>Founded in 2021, Astradyne develops next-generation photovoltaic solutions designed for the new space economy, with the aim of making satellite-based power generation systems lighter, more compact and more efficient, significantly reducing launch costs and increasing performance in orbit.<\/p>\n\n<p><strong>&#8220;Our goal is to provide lighter, cheaper and faster-to-obtain power generation systems in space, solving the main bottlenecks of photovoltaic technologies currently used in orbit,&#8221; said Davide Vittori, CEO of Astradyne (pictured with the team), in a statement.<\/strong> &#8220;Thanks to this round, we can accelerate towards in-orbit qualification and consolidate our technology roadmap. At the same time, we are exploring selective paths for technology transfer to the ground, in sectors where the lightness and transportability of photovoltaic solutions are fundamental.&#8221; <\/p>\n\n<p><strong>&#8220;We decided to lead this investment because we believe Astradyne is an extremely promising company, driven by a team with excellent engineering skills and a clear vision of the product and market,&#8221; says Matteo Cascinari, general partner of Primo Space Fund.<\/strong> &#8220;Astradyne, our seventeenth investment, enriches a portfolio of companies diversified across almost all fields of the space economy in Italy and Europe.&#8221;<\/p>\n\n<p><strong>&#8220;We are proud to renew our confidence in Astradyne, with the aim of helping to make satellite performance increasingly efficient, sustainable and accessible,&#8221; said Claudia Pingue, head of CDP Venture Capital&#8217;s Tech Transfer Fund. <\/strong>&#8220;With Galaxia, we aim to enhance upstream space solutions, confident that the technological excellence and vision of the Astradyne team are key elements in achieving this goal.&#8221; <\/p>\n\n<p><strong>\u201cThe investment in Astradyne fits perfectly into the strategy of the Eureka! Fund I \u2013 Technology Transfer fund, which aims to extract value from applications enabled by innovative materials,\u201d emphasises Massimo Gentili, partner at Eureka!  Fund &#8211;<\/strong> In the field of components for space applications, the ability to reduce weight and space without sacrificing component performance is crucial. Astradyne&#8217;s decision to use new types of flexible and movable materials according to the specific requirements of the satellite offers an undoubted competitive advantage over the solutions currently available on the market. <\/p>\n\n<p>With this investment, Astradyne aims to achieve Technology Readiness Level (TRL) 9 for Solar-Z, complete in-orbit testing aboard Low Earth Orbit satellites (i.e., satellites orbiting the Earth at a relatively low altitude, generally between 200 and 2,000 kilometres) and enter into agreements with satellite integrators and manufacturers. At the same time, the company is developing a complementary product line, Solar-Y, for advanced terrestrial applications, from construction to agriculture to mobile energy systems, adapting solutions designed for the space environment to new needs on Earth, with the aim of rethinking the way energy is produced in dynamic contexts. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The round of funding for the start-up that develops ultra-light solar panels involves Primo Space, Galaxia by CDP VC and Obloo Ventures, Eureka!<\/p>\n","protected":false},"author":125,"featured_media":147261,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1317],"tags":[1143,1137,1353,1136,1145],"companies":[2870],"journalist":[1518],"class_list":["post-147263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-funding-news","tag-investments","tag-italy-en","tag-spacetech-en","tag-startup-en-2","tag-venture-capital-en-2","companies-astradyne-en","journalist-editorial-staff-en"],"featured_sizes_urls":{"thumbnail":{"src":"https:\/\/www.startupbusiness.it\/wp-content\/uploads\/2025\/09\/Astradyne_team-picture.webp","width":150,"height":133,"crop":false,"srcset":false,"alt":"spacetech"},"large":{"src":"https:\/\/www.startupbusiness.it\/wp-content\/uploads\/2025\/09\/Astradyne_team-picture.webp","width":1024,"height":910,"crop":false,"srcset":false,"alt":"spacetech"},"2048x2048":{"src":"https:\/\/www.startupbusiness.it\/wp-content\/uploads\/2025\/09\/Astradyne_team-picture.webp","width":1280,"height":1137,"crop":false,"srcset":false,"alt":"spacetech"}},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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Co-fondatore di Designtech, l\u2019hub di innovazione che avvicina il mondo del design con quello della tecnologia. Advisor di Austrian Business Agency, Emil Banca, Fondazione Symbola, Fondazione Quadrans. Partecipa regolarmente a incontri, convegni, conferenze dedicate all\u2019ecosistema dell\u2019innovazione. E\u2019 stato co-organizzatore degli Italian Innovation Day and Series che si sono svolti dal dal 2016 al 2020 nelle citt\u00e0 di Tokyo in Giappone, Melbourne, Adelaide, Perth, Canberra in Australia e Singapore e co-organizzatore dell\u2019Italy India Innovation Day di AIICP 2021 e 2022. Ha curato il volume \u2018L\u2019innovazione che non ti aspetti. Contesti e visioni per l\u2019impresa\u2019 , l\u2019edizione italiana di \u2018La startup digitale, guida pratica step by step\u2019 e ha scritto la prefazione all\u2019edizione italiana de \u2018La quarta era\u2019 di Byron Reese, ed \u00e8 co-autore di \u2018Cosa e Dove: strategie digitali di ricerca del lavoro\u2019, tutti editi da FrancoAngeli. In passato \u00e8 stato curatore di StartupDigest Italy, coordinatore scientifico del Forum per la Ricerca della Provincia Autonoma di Trento, board member di TechChill Milano advisor di di ScaleIT , ha collaborato con Il Sole 24 Ore \u00e8 stato direttore di Innov\u2019azione, bimestrale edito da Apsti, ha collaborato con Corriere Innovazione ed \u00e8 stato presidente del comitato di selezione del Premio Marzotto e advisor di Cetif-Universit\u00e0 Cattolica Milano.\",\"sameAs\":[\"https:\\\/\\\/www.abirascid.com\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/in\\\/emilabirascid\",\"https:\\\/\\\/x.com\\\/emilabirascid\"],\"url\":\"https:\\\/\\\/www.startupbusiness.it\\\/en\\\/author\\\/emil-abirascid\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\u20ac2 million seed round for space tech company Astradyne - Startupbusiness.it","description":"The round of funding for the start-up that develops ultra-light solar panels involves Primo Space, Galaxia by CDP VC and Obloo Ventures, Eureka!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.startupbusiness.it\/en\/e2-million-seed-round-for-space-tech-company-astradyne\/147263\/","og_locale":"en_US","og_type":"article","og_title":"\u20ac2 million seed round for space tech company Astradyne - 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Co-fondatore di Designtech, l\u2019hub di innovazione che avvicina il mondo del design con quello della tecnologia. Advisor di Austrian Business Agency, Emil Banca, Fondazione Symbola, Fondazione Quadrans. Partecipa regolarmente a incontri, convegni, conferenze dedicate all\u2019ecosistema dell\u2019innovazione. E\u2019 stato co-organizzatore degli Italian Innovation Day and Series che si sono svolti dal dal 2016 al 2020 nelle citt\u00e0 di Tokyo in Giappone, Melbourne, Adelaide, Perth, Canberra in Australia e Singapore e co-organizzatore dell\u2019Italy India Innovation Day di AIICP 2021 e 2022. Ha curato il volume \u2018L\u2019innovazione che non ti aspetti. Contesti e visioni per l\u2019impresa\u2019 , l\u2019edizione italiana di \u2018La startup digitale, guida pratica step by step\u2019 e ha scritto la prefazione all\u2019edizione italiana de \u2018La quarta era\u2019 di Byron Reese, ed \u00e8 co-autore di \u2018Cosa e Dove: strategie digitali di ricerca del lavoro\u2019, tutti editi da FrancoAngeli. In passato \u00e8 stato curatore di StartupDigest Italy, coordinatore scientifico del Forum per la Ricerca della Provincia Autonoma di Trento, board member di TechChill Milano advisor di di ScaleIT , ha collaborato con Il Sole 24 Ore \u00e8 stato direttore di Innov\u2019azione, bimestrale edito da Apsti, ha collaborato con Corriere Innovazione ed \u00e8 stato presidente del comitato di selezione del Premio Marzotto e advisor di Cetif-Universit\u00e0 Cattolica Milano.","sameAs":["https:\/\/www.abirascid.com\/","https:\/\/www.linkedin.com\/in\/emilabirascid","https:\/\/x.com\/emilabirascid"],"url":"https:\/\/www.startupbusiness.it\/en\/author\/emil-abirascid\/"}]}},"author_name":"Emil Abirascid","categories_names":["Funding News"],"_links":{"self":[{"href":"https:\/\/www.startupbusiness.it\/en\/wp-json\/wp\/v2\/posts\/147263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.startupbusiness.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupbusiness.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupbusiness.it\/en\/wp-json\/wp\/v2\/users\/125"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupbusiness.it\/en\/wp-json\/wp\/v2\/comments?post=147263"}],"version-history":[{"count":1,"href":"https:\/\/www.startupbusiness.it\/en\/wp-json\/wp\/v2\/posts\/147263\/revisions"}],"predecessor-version":[{"id":147264,"href":"https:\/\/www.startupbusiness.it\/en\/wp-json\/wp\/v2\/posts\/147263\/revisions\/147264"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupbusiness.it\/en\/wp-json\/wp\/v2\/media\/147261"}],"wp:attachment":[{"href":"https:\/\/www.startupbusiness.it\/en\/wp-json\/wp\/v2\/media?parent=147263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupbusiness.it\/en\/wp-json\/wp\/v2\/categories?post=147263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupbusiness.it\/en\/wp-json\/wp\/v2\/tags?post=147263"},{"taxonomy":"companies","embeddable":true,"href":"https:\/\/www.startupbusiness.it\/en\/wp-json\/wp\/v2\/companies?post=147263"},{"taxonomy":"journalist","embeddable":true,"href":"https:\/\/www.startupbusiness.it\/en\/wp-json\/wp\/v2\/journalist?post=147263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}