Startup · Luxembourg
TerraSpark
HQ Luxembourg, LuxembourgFounded 202511-50 employeesUpdated
TerraSpark is building space-based solar power to deliver clean, reliable energy anywhere on Earth — 24/7, weather-independent, cable-free.
Funding1 round · ~$5.8M
- Equity raised
- ~$5.8M
- Latest
- ~$5.8MPre-Seed · Mar 30, 2026
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Mar 30, 2026 | Pre-Seed | ~$5.8M | — | daphni | — | Reported |
- Pre-SeedLed by daphni~$5.8MMar 30, 2026
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Capabilities2
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Power, grids and energy storage | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Space-based solar power to deliver clean energy on Earth, combining power generation with space infrastructure; no defense use is stated. | Reported |
| Space, launch and counterspace | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Space-based solar power to deliver clean energy on Earth, combining power generation with space infrastructure; no defense use is stated. | Reported |
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Space-based solar power to deliver clean energy on Earth, combining power generation with space infrastructure; no defense use is stated.—Reported
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Space-based solar power to deliver clean energy on Earth, combining power generation with space infrastructure; no defense use is stated.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
People4
| Person | Role |
|---|---|
| Jasper D. | Co-Founder CEO |
| Jasper Deprez | founder and CEO |
| Matthias Laug | COO & Co-Founder |
| Sanjay Vijendran | founder and Chief Technology Officer |
Sources4
Profile2
- 1
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "Luxembourg", "hq_iso2": "LU", "id": "2ae3822b-3103-4636-8c22-60a6d016f54c"}”
- 2
TerraSpark · Supports Organization · description, Organization · name, Organization · website
“TerraSpark is building space-based solar power to deliver clean, reliable energy anywhere on Earth — 24/7, weather-independent, cable-free.”
Funding1
- 3DatabaseTerraSpark company profile
Octen Business Search · Supports Funding round, Organization · employee range, Organization · founded year, Organization · hq city, Organization · linkedin url, Role
“funding round: Pre Seed Round, 2026-03-30, EUR 5,000,000, lead: Daphni”
People1
- 4
TerraSpark · Supports Role
“"Space-based solar power has long been considered something for the distant future," says Jasper Deprez, founder and CEO of TerraSpark.”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.