Emxys Raises €2 Million in Venture Funding to Develop ODALISS

  • Emxys, a space technology company, has raised €2 million in funding.
  • The round was led by Mundi Ventures with participation from CDTI.
  • Financing from the round will be used to develop the ODALISS project, an innovative platform for small satellites with laser communications.

ALICANTE, Spain – Emxys (Embedded Instruments & Systems), a Spanish company based in Alicante, has closed a €2 million [US $2.35 million] funding round led by Mundi Ventures and with participation from CDTI. Vinca Capital served as financial advisor and Gesem served as legal advisor to Emxys in the transaction.

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