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New Space: the French Expansion fund put into orbit

2022-04-11T20:23:04.474Z


EXCLUSIVE - Charles Beigbeder and François Chopard, respectively at the head of Audacia and Starburst, create a venture capital structure, endowed with 300 million.


Expansion, a French private venture capital fund, dedicated to European New Space, was born.

This Tuesday, April 12, Charles Beigbeder, founding CEO of the asset management company Audacia, and his partner, François Chopard, founding CEO of the Starburst

aerospace

accelerator , announce the launch, during an evening, organized at the Hotel de Bourrienne, in Paris.

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Managed by Expansion Venture, the fund benefits from the expertise of the two co-founders and their companies in deeptech and venture capital.

The fund was immediately enriched with 40 start-ups, from the Starburst portfolio and its Blast program, as well as three participations in young shoots - Share My Space, HyPr Space and Zephalto - brought by the company Geodesic.

This was created last summer by Charles Beigbeder to carry out the first operations, pending the installation of Expansion.

The latter

“aims to raise more than 300 million euros over the period 2022-2023, including 100 million…

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Source: lefigaro

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