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French Startup Aldoria Secures Further Funding

By Mark Holmes | January 24, 2024

Photo: Aldoria

Aldoria has secured a further 10 million euros ($10.87 million) in funding after closing a series A funding round. The space situational awareness (SSA) company has now raised 22 million euros ($23.91 million) in funding in total. The funding round was led by Starquest, a dedicated advocate for green financing through Article 9 of the EU Sustainable Finance Disclosure Regulation. Article 9 mandates that investments must have sustainable objectives. The company announced the successful funding round, Jan. 23.

Aldoria has rebranded from Share My Space.

Aldoria’s mission to protect critical space assets and resources aligns perfectly with this policy. Starquest’s dedication to green financing reflects a global shift towards sustainable investments, and Aldoria is proud to see space recognized as an environmental priority.

“We at Starquest are delighted to lead this financing round and to bring our support to an outstanding and disruptive team. They are paving the way to many critical applications for efficient climate monitoring, a critical issue we are tackling with our Starquest Protect fund. We feel extremely confident about the growth potential of Aldoria, an icon of the French deeptech acting for a global future,” Arnaud Delattre, president at Starquest Capital, said in a statement.