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Italy's CDP invests EUR 21 mln in 'space economy' innovation fund PSF

Wednesday 1 April 2020 | 14:24 CET | News
The board of directors of CDP Venture Capital has announced a EUR 21 million investment in Primo Space Fund (PSF), the first Italian fund focused on investments in startups in the space economy sector. CDP Venture Capital is an asset company 70 percent owned by the CDP Equity branch of state lender Cassa Depositi e Prestiti (CDP) and 30 percent by state investment body Invitalia. The aim of PSF is to help mainly Italian projects in the embryonic phase and in subsequent funding rounds via a fund with a collection target of EUR 80 million, supported by the European Investment Fund and other

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Categories: Broadcast & Satellite
Companies: European Space Agency
Countries: Italy
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