Neuraspace, a Lisbon, Portugal-based developer of an advanced AI-powered Space debris monitoring & satellite collision avoidance platform, announced that it raised €2.5 million from Armilar Venture Partners. 

The company will use these funds to accelerate the commercialization of its platform.

Company: Neuraspace Lda.

Raised: €2.5M

Round: Unknown

Funding Month: March 2022

Lead Investors: Armilar Venture Partners

Additional Investors: 

Company Website: https://www.neuraspace.com/

Software Category: AI-powered Space debris monitoring & satellite collision avoidance platform

About the Company: Neuraspace was founded in 2020 with one purpose: fighting space debris with AI. Neuraspace is the developer of advanced AI-powered Space debris monitoring and satellite collisions avoidance platforms. The platform also automates many of the current manual processes and communications and delivers an end-to-end solution, providing operators with actionable orbital maneuver recommendations to avoid collisions. Neuraspace has assembled an outstanding international team of professionals and researchers from a number of scientific disciplines, including software engineers, data scientists specializing in statistics & machine learning, aerospace engineers, experts in space flight dynamics, UX & product developers, and more.

Source: https://www.prnewswire.com/news-releases/neuraspace-raises-2-5-million-to-prevent-satellite-collisions-301509931.html