UK-based Spaceflux has raised an additional £3.5 million in funding, extending its seed round to a total of £9 million (approximately €10.4 million), as the company seeks to expand its presence in global markets.
The funding extension was led by existing investor Blackfinch Ventures, with participation from current backers and a new investment from SPARX Asset Management through its Space Frontiers Fund II.
Founded in 2022, Spaceflux provides optical space surveillance and tracking services across multiple orbital regimes. The company has secured several contracts, including three agreements from the UK government under its National Space Operations Centre framework, with a combined value of about £5 million. It has also been selected by MDA Space to support Canada’s Surveillance of Space 2 programme.
Spaceflux CEO Marco Rocchetto said the company is moving into its next phase of growth. “After delivering all three UK Government space surveillance and tracking contracts, being selected by Canadian company MDA Space as an optical systems provider for the Canadian government, and joining NATO DIANA, we are now scaling our AI-powered space intelligence internationally,” he said. “Bringing in SPARX Asset Management as a new Japanese investor, alongside continued support from our existing backers, is a clear signal that the demand for allied space intelligence is global.”
The company said the new capital will be used to accelerate its international expansion and further develop its AI-driven tracking capabilities.
Spaceflux previously raised £5.4 million in July 2025 to expand its telescope network and advance its technology platform. At the time, the company said it aimed to increase its network from 15 to 25 telescope locations.
However, the company has not confirmed whether that expansion target has been achieved. A similar goal had been set for 2024, suggesting that the network size may not have changed significantly over the past two years.
