29 Nov 2025

Goodwin advises Expansion Ventures on HyPrSpace €21 million Series A

"Goodwin advised Expansion Ventures on the €21 million Series A financing of Hybrid Propulsion for Space (HyPrSpace). The round was led by Red River West and the DeepTech 2030 fund managed by Bpifrance under France 2030, and included Expansion Ventures, SPI, French Tech Seed and NACO. HyPrSpace aims to industrialise its patented hybrid propulsion to lower space access costs and strengthen French and European space sovereignty."

Goodwin advised investor Expansion Ventures in connection with the €21 million Series A financing of Hybrid Propulsion for Space (HyPrSpace). The financing round, which raised €21 million in Series A funding, was led by Red River West and by the DeepTech 2030 fund managed by Bpifrance on behalf of the State as part of France 2030. The round also brought together the funds of Expansion Ventures, SPI, French Tech Seed and NACO. Founded in 2020, HyPrSpace aims to accelerate the development and industrialisation of its patented hybrid propulsion technology and to become the world leader in this field, making access to space more economical and reinforcing France's strategic autonomy and European space sovereignty. Goodwin represented Expansion Ventures with a team composed by: Anne Charlotte Rivière (partner, corporate), Johann Gandilhon (associate, corporate) and Valentine Nuaud (associate, corporate).
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