NIGRAN, Spain : Spanish space startup Sateliot is raising cash to send 100 microwave oven-sized satellites to the orbit, entering a crowded race for a slice of a market potentially worth $100 billion to offer cheap data connections via space. The company, which already has two test satellites in orbit, seeks 100 million euros ($109 million) in equity and debt from private equity investors, funds and banks, CEO Jaume Sanpera said in remarks cleared for publication on Thursday.