Exobiosphere secures €1m grant for its space-based drug discovery business
Luxembourg’s JEI programme backs the company’s commercial expansion with non-dilutive funding.
Public funding alongside private capital
The award comes through Luxembourg’s Jeune Entreprise Innovante scheme, administered by the Ministry of the Economy. It supports young research-intensive businesses, with an innovation certificate from Luxinnovation required for eligibility.
For Exobiosphere, the grant adds financing without issuing equity. The company offers orbital experiments to pharmaceutical and biotechnology researchers seeking to understand disease biology and test potential treatments.
Use of funds
Strengthen operations and scale the orbital screening platform
Expand international business development and marketing