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Latitude

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Developing a reactive, reliable and cost-efficient microlauncher for the smallsat market

Reims, FranceFounded 2019Space
Valuation $100–250M Last recorded · 2024
Revenue <$1M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
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About Latitude

Latitude.eu is a pioneering startup in the space exploration industry, providing dedicated launch services for small satellite operators. The company operates in the rapidly expanding market of smallsats, which are miniaturized satellites with lower production and launch costs. Latitude's business model is centered around its in-house developed engine, Navier, which powers its Zephyr launcher. This engine, a product of French fine art and 3D printing technology, was developed in less than two years and successfully tested in winter 2022.

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Latitude's clients are primarily smallsat operators who require reliable and dedicated launch services to access the space data they need. The company's unique selling proposition is its ability to offer dedicated launches at any time and from any location, providing clients with unparalleled flexibility and convenience.

The company's revenue model is based on providing these launch services to its clients. The development of the Navier engine and the Zephyr launcher, as well as the establishment of a micro-launcher factory, represent significant upfront investments. However, the company expects to recoup these costs and generate profits through the provision of its unique launch services.

Latitude's business is characterized by robust collaborations and a pioneering spirit, as it shapes the future of space exploration. The company's team, which has grown to 67 colleagues, is united in its mission to forge a trail to the stars.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Reims, France
Employees
243
Open positions
15
Dealroom signal
83.8/100
Sector
Space, EIC, Space Tech, Industrial Technology, Launch Vehicles, Space Transportation, Esa Bic, ESA, Space Upstream, Industry 4.0: Robotics and IoT, Observatoire Deeptech
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANTOther financing Mar 2024 $2.5M European Innovation Council
SERIES BEquity / VC Jan 2024 $30M $119M Kima Ventures · Bpifrance · Blast. Club · Crédit Mutuel Innovation
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Latitude website traffic

Latest recorded traffic for Latitude is 14K monthly website visits, down 17.6% over the last three months. Latitude's team grew 2.5% over the past year.

Latest monthly visits14K 3-month web change-17.6% 1-year team growth+2.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

20 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • UI Investissement
  • European Innovation Council

Series A10 investors entered at this stage

  • Crédit Mutuel Equity
  • Nicomatic
  • Bpifrance
  • Groupe ADF
  • Crédit Mutuel Innovation
  • Comat Technologies
  • Expansion Partners
  • Kima Ventures
  • Blast. Club
  • Expansion Ventures

Other known investors8 additional known investors

  • Cassini Business Accelerator
  • CASSINI Initiative
  • ESA BIC Nord France
  • EUSPA
  • BLAST
  • Incuballiance Paris-Saclay
  • Scal'E-nov
  • Space Ventures Investors
Team profiled 20 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇫🇷 France93.3%
🇨🇭 Switzerland1.8%
🇺🇸 United States1.2%
🇬🇧 United Kingdom1.2%
🇧🇪 Belgium0.6%
Top 5 of 8 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Latitude on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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