ORiS secured €5 million in funding to accelerate development of its laser-based wireless power transmission technology. The funding includes a €4.5 million pre-seed round led by Earlybird and co-led by Pitchdrive, with participation from Galaxia, Vento and Piemonte Next Fund, plus a €0.5 million grant from the Piedmont Region through the Consolidamento patrimoniale e crescita delle start up innovative programme. The company will use the funds to expand its engineering team, accelerate R&D, move into new lab and clean-room facilities, develop a flight model for a future satellite-to-satellite mission, and advance LOONA toward a commercial dual-use product.
About ORiS
A Turin-based deeptech startup developing laser-based wireless power transmission systems for space and dual-use applications, including in-orbit energy distribution for satellites, drone charging platforms, and future lunar applications.
Turin, Italy
Read Company Profile
Source: https://tech.eu/2026/07/21/oris-raises-eur5m-to-build-laser-powered-energy-infrastructure-for-space/
Frequently Asked Questions
What type of funding round did ORiS raise?
ORiS raised a pre-seed round.
How much did ORiS raise in its pre-seed?
ORiS raised $5,000,000 EUR in its pre-seed.
When did ORiS raise its pre-seed?
ORiS raised its pre-seed on 2026-07-21.
Who invested in ORiS's pre-seed?
The investors in ORiS's pre-seed are: Earlybird, Pitchdrive, Galaxia, Vento, Piemonte Next Fund, Piedmont Region.
What type of investment was ORiS's pre-seed?
ORiS's pre-seed was a equity investment.
How will ORiS use the funds from its pre-seed?
ORiS plans to use the funds for: expand the engineering team, accelerate research and development of critical subsystems, move into new laboratory and clean-room facilities, develop a flight model for a future satellite-to-satellite wireless power transmission mission, advance LOONA from a prototype platform towards a commercial dual-use product.