French satellite startup Univity raises €27M Series A
Univity, a Paris-based satellite connectivity startup, has raised €27 million in a Series A round to fund its uniShape demonstration programme, aiming to validate its end-to-end 5G connectivity system. The company plans to deploy a constellation of at least 1,600 satellites in very low Earth orbit to extend telecom operators' existing 5G services from space.
Univity, a Paris-based satellite connectivity startup, has raised approximately €27 million in a Series A round led by Blast and Expansion Ventures. The funding will support the uniShape demonstration programme, which involves building, launching, and operating two very low Earth orbit satellites by February 2028. Univity's model is to provide infrastructure for telecom operators to extend their 5G services from space, using their own 5G mmWave spectrum. The company has already demonstrated its core technology with the uniSpark payload launched in June 2025. Univity plans to deploy a constellation of at least 1,600 satellites, with a long-term plan to scale to 3,400 spacecraft. The total financing to date is €68 million, including equity, debt, subsidies, and contract revenues from France's CNES space agency.
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