Vækstfonden is the Danish state's investment fund, playing a crucial role in fostering growth and innovation within Danish companies across various sectors. In the space industry, Vækstfonden acts as an investor, providing capital and expertise to support the development and scaling of space-related technologies and companies. It co-finances ventures alongside private investors, contributing to the expansion of the Danish space ecosystem and strengthening its global position. Vækstfonden has supported companies like QuadSAT, which develops antenna testing solutions for satellite communications, and Orbex, a UK-based spaceflight company.
All verified mentions of this organization in source documents.
Quadsat is backed by Seraphim Space and the Danish state Vaekstfonden.
QuadSAT is backed by Seraphim Capital, IQ Capital, and Danish state Vaekstfonden.
The funding round was led by IQ Capital and supported by Seraphim Space, Vækstfonden, and angel investors Torben Frigaard Rasmussen and Helge Munk.
Quadsat's existing investors participated in the latest funding round, including Seraphim Space, Vækstfonden, and angel investors Torben Frigaard Rasmussen and Helge Munk.