Method & Sources
Source register
Verification overview
Sources (2)
T4 · Research institution · Tier 2 · Research institution
ESPI Report 102 – Space Venture 2025 – Full ReportEuropean Space Policy Institute (ESPI)
Established research institution. Based on ESPI's own tracked transaction dataset; coverage and investor classification follow ESPI methodology.
- Published:
- April 2026 (day not stated).
- Accessed:
- 9 Nov 2026
"Only 69% of the ~€2 billion venture capital raised in the past two years in Europe was secured in rounds led by European investors. Meanwhile, in the US, that figure rises to above 90%."
Period: 2024–2025 · Scope: European and US space ventures
Limitations: Lead-investor basis: full round value attributed to lead investor origin. ESPI tracked dataset.
Reliability: Tier 4 (research institution). Established methodology.
Statement located in retrieved text; supports the KPI as defined on a lead-investor basis.
✓ Verified primary sourceChecked 9 Nov 2026
"Of the 9 European space venture scaleup rounds in 2025, five were led by European public entities"; "all four remaining deals anchored by private investors were led by American investors."
Period: 2025 · Scope: European space ventures, scaleup rounds
Limitations: Applies to ESPI-tracked scaleup rounds only; "growth round" in the brief may be defined differently.
Reliability: Tier 4 (research institution).
Resolves the supplied possible inconsistency: public entities led most European-led rounds.
✓ Verified primary sourceChecked 9 Nov 2026
T8 · Supplied input (not evidence) · No governance tier (not evidence)
Space Autonomy Monitor: Phase 1 KPI framework and initial figures (no URL: not a public document)
Project owner (internal brief)
Starting inputs only. Not independent evidence. Figures are preserved for traceability and flagged until traced to a documented source.
- Published:
- Supplied on 9 November 2026. Underlying references were not provided with the brief.
- Accessed:
- 9 Nov 2026
69% European share 2024–2025; US 90%+; no 2025 growth round led by a European private investor.
Period: 2024–2025 · Scope: Europe; US
Limitations: Definition not stated.
Reliability: Not independent evidence.
Consistent with ESPI once the lead-investor definition is applied.
⚑ Partially verifiedNot checked