Week in Space Data, every Friday.
Investor portfolio, from our funding record
Government-owned investor. French public investment bank, owned by the French state and Caisse des Dépôts. This is the list our funding rule 3 uses: a round every one of whose leads is government-owned is state capital, not a private round.
Related investors recorded separately: Definvest.
Recorded in our rows as: BPI; Bpifrance (F3A); Bpifrance (SPI fund and Defense Innovation Fund); Bpifrance (SPI fund); Deep Tech fund managed by Bpifrance; DeepTech 2030 (Bpifrance, France 2030).
Counted rounds
10
Led
0
10 as participant
Companies
8
Disclosed round value
$475M
9 of 10 rounds disclosed; whole rounds, not this investor's share
First deal
2018-09-06
Exotrail
Latest deal
2026-04-23
UNIVITY
Bpifrance appears on 10 counted private space funding rounds in our records, into 8 companies: recorded as lead on 0 and as a participant on 10.
The earliest is Exotrail on 6 September 2018; the latest is UNIVITY on 23 April 2026.
9 of the 10 rounds disclosed a size, together $475M. That is the size of the rounds Bpifrance took part in, not the amount Bpifrance invested: we hold no per-investor allocations and do not estimate them.
The investor most often on the same counted rounds as Bpifrance is Expansion Ventures, on 3 rounds.
1 other recorded transaction naming Bpifrance is not counted in this portfolio; it is listed separately with the class that keeps it out (state capital: 1).
Private funding rounds into space companies that name Bpifrance as lead or participant, newest first, each with its source. Round size is the whole round; a blank size was never disclosed and is not estimated.
| Stage | Rounds |
|---|---|
| Seed | 2 |
| Series A | 4 |
| Series B | 1 |
| Series C | 2 |
| Other or unlabelled private round | 1 |
| Sector | Rounds |
|---|---|
| Analytics | 3 |
| Satellite | 3 |
| Launch | 2 |
| Manufacturing | 2 |
Investors named on the same counted rounds, by the number of rounds shared.
Showing the 10 most frequent of 41 co-investors. The full list is part of a SpaceNexus Research seat.
Other recorded transactions that name Bpifrance. Each class below is kept out of every figure on this page by the same rule our quarterly funding editions use; they are listed so nothing is hidden.
| Date | Company | Class | Role | Round size | Source |
|---|---|---|---|---|---|
| ExotrailRecorded as Series B | State capital (government or state-owned funds) | LeadAs recorded: Bpifrance (SPI fund and Defense Innovation Fund) | $58.0M | Exotrail (press release via SpaceNews) (opens the source for this round) |
Rounds come from company announcements, regulatory filings and press reports. Amounts, valuations and investors are as reported and may be incomplete or later revised. Not investment advice, and not an offer or solicitation for any security. Full disclaimer
| Year | Rounds |
|---|
| 2026 | 1 |
| 2025 | 1 |
| 2024 | 3 |
| 2022 | 2 |
| 2020 | 2 |
| 2018 | 1 |