Orbit advises Alpine Space Ventures on EUR 170m final closing of Fund I.

Orbit advised Alpine Space Ventures on the final closing of their newspace-focussed Fund I. The fund closed above its target at EUR 170m, with notable investors including the European Investment Fund (EIF), the NATO Innovation Fund (NIF), and prominent family offices.

The GP advisory team at Orbit provided comprehensive advice to Alpine Space Ventures on all legal, tax, and regulatory matters.

Team

Philipp Neidel (Lead, Partner, Fund Structuring), Michael Schnitker (Senior Fund Associate, Fund Structuring), Marven Unewisse (Fund Associate, Investor Onboarding), Dr. Simon Schachinger (Partner, Fund Structuring, Tax), Louise Hertz (Fund Associate, ESG), and Frank Pluskat (Fund Counsel, Corporate).

Related Links

TechCrunch: Alpine Space Ventures closes first fund to grow the space economy on both sides of the pond

‍Handelsblatt (German language): Münchener Weltraum-Fonds sammelt 170 Millionen Euro ein

VentureCapital Magazin (German language): Alpine Space Ventures schließt 170 Mio. EUR Early-Stage-Fonds

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About Alpine Space Ventures

Alpine Space Ventures is the leading European investment fund manager in the NewSpace sector. Alpine Space Ventures invests in the most promising technologies around space-borne connectivity and data and aim to play a key role in shaping the European NewSpace industry. Visit the website for more information: Alpine Space Ventures

About Orbit

Orbit offers client-centered legal advice in all areas of fund law and investments in alternative assets. Fund managers and investors rely on Orbit and its team of experienced fund advisors. Orbit covers structuring, regulatory, tax, investment advice, compliance, and fund due diligence as well as secondary transactions.

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