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CASSINI Initiative

CASSINI Initiative

Overview

CASSINI (Competitive Space Start-ups for INnovatIon Initiative) is the European Commission's initiative to support entrepreneurs, start-ups, and SMEs in the space industry, including New Space, during 2021-2027. The initiative is open to all areas of the EU Space Programme, and covers both upstream (nanosats, launchers, etc.) and downstream (products/services enabled by space data, etc.). CASSINI includes a €1 billion EU seeds and growth fund, hackathons and mentoring, prizes, a business accelerator, partnering and matchmaking.

Portfolio Companies

6

Website

cassini.eu

Investments

CASSINI Initiative investments
CompanyDateStageLead
TumbleweedNov 2026SeedCo-investor
KanopDec 2023Pre SeedCo-investor
Isar AerospaceMar 2023Series C-
The Exploration CompanyFeb 2023Series A-
ClearSpaceJan 2023Series A-
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Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

Portfolio analytics

Caplight clients see yearly investment pace and funding raised over time.

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FAQ

Where is CASSINI Initiative based?

Headquarters information for CASSINI Initiative is not publicly available.

When was CASSINI Initiative founded?

Founding year information for CASSINI Initiative is not publicly available.

How many portfolio companies does CASSINI Initiative have?

CASSINI Initiative has 6 portfolio companies in Caplight's dataset.

What are some companies in CASSINI Initiative's portfolio?

Recent investments visible on Caplight include Tumbleweed, Kanop, Isar Aerospace, The Exploration Company, ClearSpace.

What was CASSINI Initiative's most recent investment?

CASSINI Initiative's most recent investment on Caplight was in Tumbleweed in 2026.

What sectors does CASSINI Initiative focus on?

CASSINI Initiative focuses on Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Energy & Sustainability, Enterprise Software, Mobility, Transportation & Logistics, Mobility, Transportation & Logistics, AI, Data & Cloud Infrastructure, Energy & Sustainability, Mobility, Transportation & Logistics.

What company stages does CASSINI Initiative focus on?

CASSINI Initiative typically invests at the Mid stage.

What is CASSINI Initiative's AUM?

CASSINI Initiative's assets under management are estimated between $500.0M and $1.0B.

Firmographic Details

Headquarters—
Year FoundedN/A

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