The orbital highways above Earth are becoming dangerously congested. With tens of thousands of operational satellites and millions of pieces of untracked debris, the risk of catastrophic collisions is escalating, threatening critical infrastructure and future space endeavors. Addressing this urgent challenge, Look Up, a pioneering Toulouse-based SpaceTech startup, has announced a significant €50 million Series A funding round to bolster its global radar network and advanced space traffic management services.
The Series A round, one of the largest in European SpaceTech over the past decade, comprises a strategic mix of €24 million in equity, alongside €15 million in non-dilutive public grants from the European Union, and additional debt financing from various banking institutions.
Michel Friedling, Co-founder of Look Up, articulated the company’s ambitious vision: “Look Up stands out with a holistic vision and a unique strategy. Our goal is to become a global player in space safety and operations. This funding will enable us to continue deploying our radar network worldwide and enhance our digital solutions to address the escalating challenge of an increasingly congested and unstable orbital environment.”
