TerraSpark advances space-based solar power with €5M funding

TerraSpark, a developer of space-based solar energy systems, has raised over €5 million in a pre-seed financing round. Investors include Daphni, better ventures, the Hans(wo)men Group, and a group of strategic business angels.TerraSpark is developing a long-term approach to energy generation based on space-based solar power, aiming to provide continuous energy independent of weather conditions or time of day. The concept addresses growing challenges in Europe’s energy infrastructure, including rising…