Leveraging its financial and fundraising expertise, Citicourt advised on the successful fundraise for B2Space Limited, a highly innovative UK Space sector services and technology business, supporting B2 Space’s strategic ambition to complete its Low Earth Orbit, Near Space missions & HAPS commercial technology platforms.

B2Space has worked with organisations such as ESA, UK space Agency, Aerospace Wales and The University of Nottingham to fund and develop its commercially driven space technology and platform.

Why Citicourt? Victor Montero, co-founder of B2Space said:

“Citicourt has supported all of our fundraising rounds and as a specialist, Space and deep / complex technology experts, is the best advisor to continue to advise us as we grow and to execute this critical capital raise for B2Space.”

Jodi Bartin, Citicourt CEO expressed her delight with the outcome.

“In a market where financial institutions and the general population are not yet fully aware of the dynamics of the space sector, Citicourt is pleased to have advised the impressive team at B2Space. Citicourt was able to secure investment from quality UK investors and added even further value to this transaction by ensuring B2Space had a solid strategy in place for the funding round optimising the founders, existing and incoming shareholders’ value. Citicourt is receiving substantial interest from investors to put allocation into Space and other dynamic sectors in the UK. Citicourt also advises on and intermediates transactions where stakeholders are seeking to acquire or divest assets, businesses or companies.”

Citicourt & Co has been operating in London for over 30 years, and has been advising companies from multiple sectors on preparing for and executing, often very complex, transactions since 2006, specialising particularly in completing small £5 million to £100 million fundraising mandates, including selling founder and multi-generational run businesses, bringing public companies private, MBO’s, Buy and Sell side mandates, with transactions ranging in value from £5-150 million.

About B2Space 

The B2Space platform has become a European leader in High Altitude Operations. Thanks to its technology and multiple flights achieved, it has developed unique capabilities which democratise access to space for small and micro satellites. Its emerging HAPS programme has attracted international interest and it is set to become a leader in its market.