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French Tech led a €40m round in KAYRROS.

Synopsis

French Tech, a company operated by Bpifrance, led a €40m ($44m) round in KAYRROS, a climate tech company, with participation of European Investment Bank, NewSpace Capital, Opera Tech Ventures, Cathay Innovation and BNP Paribas. “This funding brings together several fields of relevance to Kayrros, starting with the public sector represented by the European Investment Bank and Bpifrance through French Tech Souveraineté. Their participation underscores the importance of the New Space sector for French and European climate policy, as expressed by President Emmanuel Macron in his presentation of European spatial strategy," Antoine Rostand, Kayrros President.

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