Swissto12 said it has raised $70 million in fresh funding to keep up with growing demand for its small geostationary satellite manufacturing business.

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Syntetica, a French startup that has developed a novel approach to recycling nylon, has already obtained big-name partners and investors.

Applied Computing has raised a $20M Series A to build a foundation AI model for the oil, gas and petrochemical industry.

By keeping the number of investments to about 25 per fund, Greylock aims to remain what it calls "the most important partner" to its founders.

Neko Health has developed proprietary body-scanning technology, which it couples with bloodwork, to assess a person's health.

Investment in satellite companies reached $8.1 billion in the first half of 2026, already surpassing every previous annual total tracked by early-stage investor Space Capital.

The post Satellite investment sets annual record halfway through 2026 appeared first on SpaceNews.

European government space spending jumped 12% to about $15.4 billion in 2025, according to a July 13 European Space Agency report, bucking a 3% global decline on the back of rising national defense budgets.

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