What Happened
Debt Instruments and Sovereign Bets Drive Sector Growth
European space-tech companies raised €2.9 billion in the first half of 2026, a 622.5% increase from the same period last year. However, this growth is largely driven by debt financing and a handful of large government-backed bets, rather than a sector-wide surge in venture capital. According to Tech.eu’s Funding Explorer, the largest transactions were dominated by established operators and later-stage businesses, with debt financing accounting for nearly half of the total. This trend was reported by Silicon Canals.