Expansion is a seed-stage venture capital fund focused on sustainable aerospace and defence technologies in Europe. It raised EUR 140 million in Q4 2024 and aims to reach EUR 200 million. The fund supports startups from pre-seed to Series B stages.
Funding green aviation startups with low-carbon propulsion; Supporting urban air mobility projects in Europe; Backing European sovereignty in aerospace innovation; Accelerating deep-tech aerospace ventures with EU-aligned goals; Providing capital to startups developing sustainable flight technologies
First close of EUR 140m in Q4 2024; Target fund size of EUR 200m; Focus on European sovereignty in aerospace and defence; Active in sustainable aviation and urban air mobility