# Expansion Ventures: portfolio, investments and team

> Expansion Ventures is a vc firm based in France. 8 investments on record, 1 in the last 12 months, latest Apr 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/expansion-ventures (Millionrounds; every figure on the page links to its filing or article)

France · [Investor](https://millionrounds.com/investors)

# Expansion Ventures

Last cheque observed Apr 2026; 8 cheques on record.

Email

VC firm Deploying now Last fund $7.4M, Sept 2017

Pre-seed Seed Series A Aerospace Defence Satellite

Follow Expansion Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fexpansion-ventures)

Deploying now

**50%** of best year **1** **cheques in 12 months**, 8 on record

Since the last cheque **196** days **00** hrs **00** min **00** sec

Median round **$12M** Rounds led **2 of 8** Mostly in **United States, 63%**

Pitch Expansion Ventures

## Expansion Ventures highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Series A and Seed: 83% of its rounds
- 03 Led 2 rounds

## What they do

> Expansion is a European DeepTech investment fund focused on Sustainable Aerospace & Defence. From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Aerospace Defence Satellite
- **Based in:** Paris, France
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **8 appearances**

- **2026** 1 round
- **Apr** **[UNIVITY](https://millionrounds.com/company/univity)** Series A · FR · Ventureburn **$32M** *Led*
- **2025** 2 rounds
- **Sept** **[ReOrbit](https://millionrounds.com/company/reorbit)** Series A · FI · TechCrunch **$53M** With 6 others
- **Apr** **[Exobiosphere](https://millionrounds.com/company/exobiosphere)** Seed · LU · Silicon Canals **$2.2M** *Led*
- **2018** 1 round
- **Jan** **[YieldStreet](https://millionrounds.com/company/yieldstreet)** Debt · US · FinSMEs **$113M** With 4 others
- **2017** 4 rounds
- **Nov** **[Lunar Wireless](https://millionrounds.com/company/lunar-wireless)** US · FinSMEs **$4.1M** With 9 others
- **Jun** **[Pillow](https://millionrounds.com/company/pillow)** US · TechCrunch **$14M** With 6 others
- **May** **[Bowery](https://millionrounds.com/company/bowery)** Seed · US · FinSMEs **$1.8M** With 4 others
- **Feb** **[Skurt](https://millionrounds.com/company/skurt)** Series A · US · FinSMEs **$10M** With 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **3 named**

GP **Gil Penchina** Managing Partner i Filing they signed

JB **Jens Beyrich** Attorney-in-fact i Filing they signed

RA **Richard A. Smissen** Manager of Expansion Fulfillment LLC, the Issuer's General Partner i Filing they signed

We also hold **3** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What they claim to have backed

From their own portfolio page (on their website)

**18** of 27 we have independently watched raise

[Aldoria](https://millionrounds.com/company/aldoria)[Alta Ares](https://millionrounds.com/company/alta-ares)[Arkadia](https://millionrounds.com/company/arkadia-space)[Atmos](https://millionrounds.com/company/atmos-space-cargo)[Dcubed](https://millionrounds.com/company/dcubed)[ExoBiosphere](https://millionrounds.com/company/exobiosphere)[Ion-X](https://millionrounds.com/company/ion-x)[Latitude](https://millionrounds.com/company/latitude)[Look Up](https://millionrounds.com/company/look-up-space)[Messium](https://millionrounds.com/company/messium)[Miratlas](https://millionrounds.com/company/miratlas)[Orbify](https://millionrounds.com/company/orbify)[Reorbit](https://millionrounds.com/company/reorbit)[Skynopy](https://millionrounds.com/company/skynopy)[The Exploration Company](https://millionrounds.com/company/the-exploration-company)[U-Space](https://millionrounds.com/company/u-space)[Univity](https://millionrounds.com/company/univity)[WaltR](https://millionrounds.com/company/waltr) 404 not found Ascendance-ft EOS Technologies ESG Policy Handcrafted by Ligne8 Studio HyPrSpace Password protected Space Cargo Zephalto

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Latest fund on file

**$7.4M**

raised in Sept 2017

From its SEC filing. Nothing newer is on file yet.

## The cheque

Pre-seed Seed Series A

Median round joined **$12M** the round, not its cheque

Led 2 of 8 rounds **25%**

- **Sole investor:** Never alone
- **Last cheque:** Apr 2026

Rounds by stage said on their site

- Series A said *3*
- Seed said *2*
- Debt *1*
- Pre-seed said *-*
- Series B said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Greycroft](https://millionrounds.com/fund/greycroft) 2

**Pitching Expansion Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Expansion Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Greycroft** VC firm **2** rounds together](https://millionrounds.com/fund/greycroft)

## Recently backed

The latest companies Expansion Ventures put money into.

[**UNIVITY** $32M · Apr 2026](https://millionrounds.com/company/univity)[**Exobiosphere** $2.2M · Apr 2025](https://millionrounds.com/company/exobiosphere)[**YieldStreet** $113M · Jan 2018](https://millionrounds.com/company/yieldstreet)[**Bowery** $1.8M · May 2017](https://millionrounds.com/company/bowery)

## Quick answers about Expansion Ventures

### What does Expansion Ventures invest in?

Expansion Ventures invests most often at Series A and Seed (83% of the rounds on record), in sectors such as Aerospace, Defence and Satellite.

### How active is Expansion Ventures?

8 investments on record, 1 of them in the last 12 months, and it led 2. The most recent was in Apr 2026.

### What has Expansion Ventures invested in recently?

Its most recent investments on record: UNIVITY (Series A, Apr 2026), ReOrbit (Series A, Sept 2025) and Exobiosphere (Seed, Apr 2025).

### How big are Expansion Ventures's cheques?

The median round it joins is $12M.

### Does Expansion Ventures lead rounds?

Yes: it led 2 of its 8 investments on record (25%).

### Where does Expansion Ventures invest?

Most of the companies it backs are in the United States (63%), France (13%) and Finland (13%).

### Is Expansion Ventures investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### Who does Expansion Ventures invest alongside?

Most often Greycroft (2 rounds together).

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=expansion-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=expansion-ventures)
