Promus Ventures closes €120 million ($139 million) space fund amid investment boom – TechCrunch
Chicago-based Promus Ventures has closed a €120 million ($139 million) space fund, dubbed Orbital Ventures, focused on early-stage space companies. The new fund, which will be based in Luxembourg, grew out of a mix of public and private investment. The European Investment Fund, the financing arm of the European Union’s European Investment Bank Group, committed…