Spanish satellite IoT provider Sateliot has completed the latest round of funding, as it prepares to launch four more 5G-IoT satellites into low earth orbit. The latest tranche of funding came from Santander, which contributed €6 million, bringing the total to €13.5 million which Sateliot secured from banks and investors in the last year. The other funding slices are a loan of €2.5 million from Spanish bank Avança, and a €5 million corporate debt issued by Sateliot. “The completion of these three operations demonstrates the confidence that top-tier banks, regional public administrations, and other groups such as venture capital, family offices, or business angels have placed in us,” said Sateliot CEO Jaume Sanpera, in a statement. The satellite firm is poised…