# Kreios Space

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kreios-space

- Industry: Aerospace
- Headquarters: Vigo, Spain
- Website: www.kreiosspace.com
- Total disclosed funding: $9.4M
- Latest round: Seed (Sep 17, 2025)
- Investors on record: 5

## About

Kreios Space Ltd, located in Vigo, Spain, focuses on innovative satellite technologies for Very Low Earth Orbit (VLEO) missions, delivering advanced propulsion systems and high-resolution Earth imaging services.Founded in 2021 in Vigo, Spain, Kreios Space Ltd specializes in developing satellite technologies for VLEO missions. The company has completed 2 deals and recently raised EUR 8.000 mn in Seed funding on September 17, 2025, with notable investors including Grow Venture Partners, Join Capital, NATO Innovation Fund, and Xesgalicia. The founder's background information is not provided.Kreios Space specializes in developing advanced satellite technologies tailored for Very Low Earth Orbit (VLEO) missions. Their core product is a proprietary air-breathing electric propulsion system, allowing long-duration operations in VLEO without onboard fuel tanks, utilizing air and solar power instead. This technology enables VLEO satellites to deliver high-resolution Earth imagery—up to three times sharper than traditional satellites—and direct-to-device broadband connectivity, facilitating access to remote areas. Targeting sectors such as Earth observation and telecommunications, Kreios Space aims to innovate data capture and transmission globally, primarily serving clients in Europe while also eyeing markets in North America and Asia.Kreios Space functions on a revenue model centered on partnerships and B2B transactions, focusing on high-value contracts with government agencies and commercial enterprises in the aerospace sector. Key services include high-resolution imaging and broadband communication capabilities essential for disaster response, urban planning, and agriculture. The company secures a consistent revenue stream through multi-year agreements with clients, with pricing structures customized based on specific client needs, emphasizing collaboration with industry stakeholders and government entities to enhance the adoption of its VLEO satellite technology.In September 2025, Kreios Space Ltd. raised EUR 8 million in seed funding co-led by NATO Innovation Fund and JOIN Capital, alongside other investors. The funding will support the development of their air-breathing plasma propulsion system and the launch of their first two Very Low Earth Orbit satellites. Kreios Space is targeting new markets in North America and Asia for expansion, with plans to enter these regions in the coming years.

## Funding rounds

- Seed, Sep 17, 2025, $9.4M — Xesgalicia, Join Capital, Grow Venture Partners, NATO Innovation Fund, Tasivia Global

## Investors

- Xesgalicia (https://capitalatlas.ai/funds/xesgalicia) — Seed
- Join Capital — Seed
- Grow Venture Partners (https://capitalatlas.ai/funds/grow-venture-partners) — Seed
- NATO Innovation Fund (https://capitalatlas.ai/funds/nato-innovation-fund) — Seed
- Tasivia Global — Seed