FOSSA Systems
About FOSSA Systems
FOSSA Systems is a Spacetech startup based in Madrid, Spain that has raised $19M in venture capital across 3 funding rounds since 2020. The company reached Series B stage in 2021 with a $0.85M round led by institutional investors. FOSSA Systems's investor base includes 6 institutional funds, with Indico Capital Partners leading the most recent equity round.
FOSSA Systems is a Madrid-based satellite manufacturer building a 140-satellite low Earth orbit constellation for IoT connectivity, asset monitoring, and sovereign secure communications. The company has launched 25+ nanosatellites and is selected for NATO's DIANA program for electromagnetic intelligence applications.
FOSSA Systems Funding Rounds Timeline
3 rounds · $19M raised · since 2020
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Seed | 2021 | $0.85M | — | — | WISeKey, Newmind Venture |
| Series A | June 2024 | $6.9M | — | Indico Capital Partners | Nabtesco Technology Ventures, Newmind Venture, Sabadell Venture Capital |
| Series B | June 2026 | $10M | — | Kibo Ventures | Sociedad Española para la Transformación Tecnológica (SETT), Space Frontiers Fund II, Indico Capital, WISeSAT |
Investors in FOSSA Systems
6 institutional investors across 3 rounds
Lead investors
Co-investors
Recent news about FOSSA Systems
Questions about FOSSA Systems
How much has FOSSA Systems raised?
FOSSA Systems has raised $19M across 3 funding rounds since 2020.
Who are the investors of FOSSA Systems?
FOSSA Systems's investors include Indico Capital Partners, Kibo Ventures, Nabtesco Technology Ventures, Sabadell Venture Capital, WISeKey, Space Frontiers Fund II.
When was FOSSA Systems's last funding round?
FOSSA Systems's most recent round was a $0.85M Seed in 2021.
Where is FOSSA Systems headquartered?
FOSSA Systems is headquartered in Madrid, Spain, and was founded in 2020 by Julián Fernández, Vicente González.