Stories about how space companies are raising money to take on next-gen missions.
Array Labs, a YC alum with ambitions to map the world in 3D, has raised a $5M seed round to kickstart the development of its radar constellation. The investment was led by Seraphim Space and Agya Ventures, with participation from Republic Capital, Liquid 2 Ventures, Rebel Fund, Y Combinator cofounder Trevor Blackwell, and Keyhole cofounder […]
Apex, an LA-based satellite developer, emerged from stealth today with $7.5M+ in funding. Andreessen Horowitz led the round, with participation from XYZ, J2, Lux Capital, and Village Global. The name of the game Apex aims to manufacture satellite buses in the 100-kilogram class that can support ~100 kgs of payload. It aims to sell Aries, […]
Space Capital has released its quarterly report on investment in the space industry. In the third quarter of 2022, investors injected $3.4B into 79 individual space companies, broadly defined across infrastructure, distribution, and applications. Infrastructure It comes as no surprise that SpaceX takes the cake in capital raised over Q3 with its $1.9B Series R. […]
Solestial, a startup spun out of Arizona State University aiming to be the go-to solar energy company for space, announced the close of a $10M seed round. The round was led by Airbus Ventures with participation from AEI HorizonX, GPVC, Stellar Ventures, and Industrious Ventures. The Tempe, AZ-based startup takes a different tack on manufacturing […]
AE Industrial Partners (AEI) announced on Tuesday that it plans to acquire a majority stake in satellite systems provider York Space Systems. According to a report by CNBC, AEI acquired a 51% stake in a deal that values York at $1.125B, making it the next space “unicorn.” AEI declined to comment on the terms of […]
Time just flies by in the space industry, and we’ve already arrived at the end of the third quarter of 2022. It was a busy quarter, full of major partnership announcements, strides in science, and a jam-packed conference season. Here are the highlights from the last three months in commercial, military, and civil space. July […]
Starburst Ventures is launching a new early-stage fund, the company announced yesterday. The company’s new venture arm is focusing its first investments in pre-seed and seed stage startups in aerospace, defense, and aviation. Starburst 101: Starburst began its accelerator program in 2015. The face of the aerospace industry has changed a lot since then, and […]
Spaced Ventures is waging a longshot bid to amass retail investors and petition SpaceX to raise a community round. In under a week, the space crowdfunding investment platform has passed $11M in pledges from users. The tally includes pledges from both unaccredited and accredited investors. Spaced Ventures’ MO is opening up space private markets to […]
Last week, Miami-based Countdown Capital announced that it had closed a $15M Fund II. Started in late 2020 by Jai Malik, Countdown backs hard tech startups looking to “rebuild the American industrial base.” The firm invests at the pre-seed stage and often writes the first check. Malik is the founder and a solo GP of […]
TechStars LA has announced its September cohort. This year, seven of the twelve total companies joining the startup accelerator hail from aerospace. TechStars: The startup accelerator began in 2019 with the vision of connecting the innovative technology developing as part of the growing new aerospace industry in LA with the DoD. “I saw an opportunity […]
Albedo has announced a $48M Series A raise, in a round co-led by Bill Gates-founded Breakthrough Energy Ventures and Silicon Valley-based Shield Capital. The Austin- and Denver-HQ’d satellite startup has now raised $58M, less than two years since its founding. Complementing Albedo’s big ol’ round is a padded out cap table. The startup is a […]
Skyroot Aerospace has raised $51M in a Series B round led by GIC, a global investment firm based in Singapore. This is the largest funding round in the Indian private space sector to date. The company raised an $11M Series A in 2021. The launch startup is developing India’s first private launch vehicle and was […]
