Expansion Ventures

Founded in 2022, Expansion Ventures is a venture capital firm based in Paris, France. It focuses on investing in European startups operating within the aerospace & defense, enabling technologies, and air mobility sectors.

Ted Elvhage

General Partner

Past deals in Aerospace

Exobiosphere

Seed Round in 2025
Exobiosphere is a pioneering company that specializes in space-based biotechnology. It develops a unique research platform designed to accelerate preclinical testing in microgravity conditions. This platform automates the creation of disease models in space, enabling pharmaceutical companies to expedite drug development, identify novel targets, and enhance treatment efficacy across various therapeutic areas.

ION-X

Series A in 2024
ION-X develops electric propulsion technology for small spacecraft and satellites. It focuses on a nanoscience-based thruster that ejects fully ionized particles to produce thrust, offering long service life and high modularity. The technology aims for scalable manufacturing with competitive production costs suitable for mass production, enabling customers to access the expanding aerospace market and pursue efficient, reliable propulsion for small platforms.

Constellation Technologies & Operations

Seed Round in 2024
Constellation Technologies & Operations specializes in developing and deploying advanced satellite technologies for the telecommunications industry. The company's innovative constellation of satellites is designed to deliver high-speed, low-latency internet connectivity, even in remote areas where terrestrial networks are unavailable. Their satellites are engineered to minimize orbital debris and light pollution, ensuring a sustainable and affordable solution for global broadband services.

DcubeD

Series A in 2024
DcubeD specializes in developing actuators and deployable structures tailored for nano-satellites and the commercial space industry. Their products include release actuators, appendages, solar arrays, antennas, or sails, designed to outperform traditional space exploration subsystems in terms of weight, size, cost, durability, reusability, and availability.

Aldoria

Series A in 2024
Aldoria specializes in space situational awareness services. It collects, processes, and uses data on space debris, satellites, and derelicts to monitor potential hazards and enable operators to adjust orbital routes, ensuring safety and sustainability in space.

Latitude

Series B in 2024
Latitude specializes in the development of smallsats launchers and rocket engines. Latitude was founded in 2019 and is headquartered in Reims.

Arkadia Space

Seed Round in 2023
Arkadia Space designs, develops, and commercializes engines and propulsion systems utilizing green propellants. Its offerings include high-performance thrusters, rocket testing services, and consulting services, aiming to provide a cleaner alternative for in-space propulsion at reduced costs.

ReOrbit

Seed Round in 2023
ReOrbit develops reusable, modular microsatellite platforms designed to make space exploration more sustainable and affordable. Their spacecraft can adapt to various payloads and operate autonomously across multiple orbits, enabling organizations to launch satellite missions at reduced costs.

Hypr Space (Hybrid Propulsion for Space)

Convertible Note in 2023
Get ready for the next technology leap in space industry. We develop engines and vehicles that are cheaper, quicker and greener for earth to space and space to space transportation systems. Our patented innovation is based on brand new architecture for hybrid propulsion engines, unlocking previously unreachable capabilities.
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