Unclassified // open-source data on European defence tech
Space & ISR sector
Vigo, Spain

Kreios Space

Develops Very Low Earth Orbit satellites with air-breathing electric propulsion for sharper imaging and direct-to-device connectivity.

Italy at night, seen from the International Space Station. Photo: NASA, Public domain (PD-USGov-NASA-AP).

Latest round€8MSeed, Sep 2025
Total raised>€10M>€10M

Round details

Seed, €8M, Sep 2025.

Why it matters

NATO Innovation Fund co-led its seed round; in-orbit demonstration of its air-breathing propulsion planned for early 2027 with dual-use government missions targeted.

Key figures confirmed by multiple sourcesLast checked 21 October 2026

Kreios Space: key questions

What does Kreios Space do?

Develops Very Low Earth Orbit satellites with air-breathing electric propulsion for sharper imaging and direct-to-device connectivity.

Where is Kreios Space based?

Kreios Space is headquartered in Vigo, Spain. It was founded in 2021.

How much funding has Kreios Space raised?

Total funding is >€10M, based on announced and reported rounds. Latest round: Seed, €8M, Sep 2025.

Who are Kreios Space's investors?

Notable investors include NATO Innovation Fund, JOIN Capital, Grow Venture Partners.

Sources

  1. payloadspace.com/spanish-vleo-startup-kreios-closes-e8m-seed-round/
  2. kreiosspace.com/
  3. nif.fund/portfolio

Figures come from company announcements and press reports. Spot an error? Send a correction. Nothing here is investment advice.

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