BRUSSELS, Belgium — A study of space-sector financing for start-up companies has concluded that while European venture-capital funds remain smaller and more risk-averse than their U.S. counterparts, stock markets outside the U.S. are more attractive than U.S. to NewSpace companies.
The study by the European Commission and the European Investment Bank (EIB) does not answer the question of whether European VCs’ small size makes them more risk averse, or whether some deeper cultural dynamic is at play in comparing the U.S. and European sectors.
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