Seedcamp raises $320M for its new fund to expand its US footprint

techcrunch.com Jun 22, 2026

Seedcamp raises $320M for its new fund to expand its US footprint

Curated by Shubham · TechCapsules · Jun 22, 2026

AI-summarised brief · reviewed before publication

Seedcamp has raised $320 million for its new fund, doubling its previous fund size, to expand its presence in the US. The fund will be split, with $220 million for early-stage investments and $100 million for growth-stage investments. Seedcamp aims to connect its European portfolio to US customers and investors, leveraging its network of portfolio startups and LPs for deal flow. The firm has a strong track record, with 12 unicorns in its portfolio and $1 billion in assets under management. Seedcamp will invest in around 100-120 startups, with a focus on commercial-driven investments, avoiding capital-intensive businesses.

💡 Why It Matters

· Seedcamp's expansion into the US market brings a unique European perspective to American startups, potentially creating new opportunities for cross-Atlantic collaboration.
· By investing in both early-stage and growth-stage companies, Seedcamp can support startups throughout their lifecycle.

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Astroscale raises funding to support growth strategy

Satellite servicing company Astroscale has secured 30.6 billion yen in funding to support its growth strategy, which involves transitioning from technology demonstrations to repeatable business. The company reported 11.5 billion yen in project income for its 2026 fiscal year, nearly double the 6.1 billion yen recorded in 2025. Astroscale is projecting steady revenue growth, but expects operating losses to remain similar to the previous fiscal year. The company is developing several missions, including refueling and end-of-life disposal of satellites, and aims to establish a supply capacity capable of supporting repeatable business.

💡 The funding boost will enable Astroscale to accelerate its shift towards commercial work, particularly among defense customers, and establish a long-term competitive advantage in the emerging field of on-orbit servicing. By securing repeatable business opportunities, Astroscale can move closer to its goal of making on-orbit servicing commonplace by 2030 and transitioning to a stable and highly profitable business model.

techcrunch.com · Jun 20

Every fusion startup that has raised over $100M

Fusion power has gained significant traction in recent years, with investors pouring in millions to support startups working on commercially viable fusion power plants. Companies like Commonwealth Fusion Systems, TAE Technologies, and Helion have made notable advancements, leveraging breakthroughs in computer chips, AI, and high-temperature superconducting magnets to develop sophisticated reactor designs and control schemes. A recent experiment at a U.S. Department of Energy lab crossed the scientific breakeven threshold, further solidifying the potential of fusion power to upend trillion-dollar markets.

💡 The fusion industry's rapid progress has significant implications for the energy landscape, potentially disrupting markets worth trillions of dollars. As companies like Commonwealth Fusion Systems and Helion push forward with aggressive timelines, the prospect of nearly limitless energy becomes increasingly tangible, raising questions about the future of traditional energy sources and the role of startups in driving innovation.

spacenews.com · Jun 20

Austrian propulsion startup joins sovereign space funding surge

Austrian satellite propulsion startup Gate Space has secured 6.3 million euros ($7.2 million) in funding from Europe's government-backed accelerator program. The funding will accelerate the industrialization of chemical propulsion technology, set to debut on Austria's inaugural military satellite, BeaconSat, in February. Gate Space is developing high-thrust chemical propulsion systems for satellites, capsules, and landing vehicles, with a focus on providing reliable maneuvering capabilities for safe collision avoidance and de-orbiting. The startup has also secured customer missions, including the European Space Agency's ASTRAL space refueling mission.

💡 The surge in funding for European space companies like Gate Space underscores a growing recognition of the importance of a European industrial base for space technology. By developing its own space capabilities, Europe aims to reduce its reliance on SpaceX and other foreign providers, promoting greater space sovereignty and economic opportunity.

spacenews.com · Jun 20

ElevationSpace Secures US $40 Million in Series B Funding, Bringing Total Raised…

ElevationSpace Inc. has secured US $40 million in its Series B funding round, bringing the total raised to US $63.5 million. The company is developing space-to-Earth transportation services and a space environment utilization and recovery platform, leveraging Japan's expertise in small satellite lift-guided re-entry. The funding will support the development and operation of the company's services, as well as its global expansion. ElevationSpace is close to completing the assembly of its first private re-entry satellite, the "AOBA," and has established partnerships with companies such as Axiom Space and Redwire.

💡 This funding milestone underscores the growing demand for space transportation and low-Earth orbit utilization services, and ElevationSpace's leadership in this space. The company's innovative technology and strategic partnerships position it for significant growth in the post-ISS era.

techcrunch.com · Jun 18

General Intuition in talks to raise $300M at around $2B valuation

General Intuition, a New York-based startup, is in talks to raise around $300 million, which would bring its valuation to over $2 billion. The startup, founded by Pim de Witte and co-founders Eloi Alonso, Adam Jelley, and Vincent Micheli, trains embodied AI and world models using a unique dataset from Medal's 2 billion videos per year. The funds will be used to scale up compute capacity and release a new product by the end of summer or early fall.

💡 The world model space is heating up, with multiple companies releasing models and integrating real-world data. General Intuition's unique approach, focusing on training agents rather than selling world models, gives it a competitive edge and a path to viability.

tekedia.com · Jun 18

Europe’s Space Ambitions Receive a Boost from OBH’s Investment Strategy

German space technology group OBH has announced plans to issue new shares to raise capital for future investments, reflecting the opportunities and challenges facing Europe's growing space industry. The move aims to secure fresh capital for research and development, acquisitions, infrastructure expansion, and the commercialization of new technologies. Existing shareholders may experience some dilution of their ownership stakes, but management argues that the long-term benefits outweigh the short-term impact. The global space sector is experiencing unprecedented growth, driven by advances in satellite communications, Earth observation systems, and defense applications.

💡 European companies like OBH must invest aggressively to remain competitive in a rapidly evolving global market, where major players in the US and Asia have fueled rapid technological advancement through significant public and private investments.