ALDORIA (formerly Share My Space) has closed their Series A funding round, securing €10 million in equity investments from a strong syndicate, bringing the total amount of investment in the company to €22 million to date.
The consortium includes Starquest Capital, the European Innovation Council Fund, the French State, through its “Deeptech 2030” fund managed by Bpifrance, Expansion Ventures, Space Founders France, and Wind Capital.
To support this new stage of development, the company is strengthening its brand. Effective today, Share My Space becomes ALDORIA, a former name of the Pleiades nebula.
The funding round was led by Starquest, a dedicated advocate for green financing through Article 9 of the EU Sustainable Finance Disclosure Regulation. Article 9 mandates that investments must have sustainable objectives. ALDORIA’s mission to protect critical space assets and resources aligns perfectly with this policy. Starquest’s dedication to green financing reflects a global shift toward sustainable investments, and ALDORIA is proud to see space recognized as an environmental priority.
The space environment, which is essential for numerous critical functions on Earth, including communication, navigation, and climate change monitoring, requires safeguarding from the detrimental effects of space debris and other threats.
This Series A round is a significant milestone for ALDORIA, underlining the company’s achievements. These include establishing a global presence in more than 17 countries through strategic contracts and partnerships with prominent space agencies such as CNES and ESA, commercial satellite operators such as Airbus Defence & Space, and other key stakeholders, including Astroscale and Isar Aerospace.
“We at Starquest are delighted to lead this financing round and to bring our support to an outstanding and disruptive team. They are paving the way to many critical applications for efficient climate monitoring, a critical issue we are tackling with our Starquest Protect fund. We feel extremely confident about the growth potential of ALDORIA, an icon of the French deep tech acting for a global future,” said Arnaud Delattre, President at Starquest Capital
Svetoslava Georgieva, Chair of the EIC Fund Board, said, “Recognizing the increasing importance of European leadership in the global space arena, ALDORIA’s vision aligns with our commitment to fortifying the region’s space safety efforts. With proprietary sensors and a keen understanding of market dynamics, ALDORIA is poised for sustained success as a market leader in the evolving landscape of Space Situational Awareness.”