
AI and Space Startups Draw Funding Across US and Europe
Three startups spanning enterprise AI measurement, satellite ground networks and AI coworkers announced fresh rounds, including Northwood Space's $375 million raise.
AfroEuropa Newsroom
AfroEuropa desk
Three technology startups across the United States and Europe have announced new funding rounds, covering enterprise AI measurement, satellite ground infrastructure and AI agents for business operations.
Northwood Space raises $375 million
Northwood Space, based in Torrance, California, secured $375 million in a Series C round to expand its satellite ground infrastructure. The company runs a shared network linking satellites with ground-based systems. Andreessen Horowitz and DFJ Growth co-led the financing, with participation from Alpine Space Ventures, Washington Harbour Partners, Stepstone Activate and In-Q-Tel. According to Ventureburn, the round values the company at $2 billion. A separate multi-year credit facility from HSBC Innovation Banking will back working capital and network growth.
Keep reading
Gallium Defense raises €7.1M to make drone detection cheaper and scalable
The Paris-based startup emerged from stealth with a seed round led by Keen Venture Partners and 360 Capital to build lower-cost radars for detecting FPV drones.
Other highlights
No European Firms Among Mistral's Launch Connectors, Analysis Finds
All 12 of the integrations listed by French AI company Mistral come from outside Europe, according to an EU-Startups analysis that names homegrown candidates.
Follow the storyOne newsletter, two continents
The Bridge brings you the tech, startups, and leaders moving between Africa and Europe in one sharp email each morning. No spam, unsubscribe anytime.










