SpaceTech startup UNIVITY raises €27 million to position Europe as a key player in global hybrid connectivity.

UNIVITY, a Paris-based operator of space-based connectivity services, announced the closing of a €27 million Series A funding round in order to complete its VLEO 5G demonstration programme, develop its telecom operator offering, strengthen its teams, and prepare for industrial and commercial scale-up from 2028. The round was raised by