Stories about how space companies are raising money to take on next-gen missions.
Leaf Space, an Italian ground-segment-as-a-service provider, has closed a €20M ($22.1M) Series B as well as an additional €15M ($16.6M) in venture debt through a European Investment Bank loan. Leaf Space 101 CEO Jonata Puglia and CSO Giovanni Pandolfi founded the company in 2014 to provide an end-to-end, easy-to-use solution for satellite operators to send […]
Seraphim, a leading space VC firm HQ’d in the UK, has released its yearly index on funding and acquisition activity across the space industry. Seraphim’s tracking data shows signs that investment activity is bouncing back from the economic woes and restrained capital markets of last year. Deals, deals, deals: The trailing twelve months (TTM) analysis […]
A small engineering firm from the Basque region of Spain nabbed an investment from Talde as it quietly lays the groundwork for a global space business empire. Added Value Solutions (AVS) develops complex equipment for industries such as fusion, particle accelerators, and space. On the heels of a significant investment in the firm, CEO Miguel […]
Euroconsult, a strategy and market intelligence firm specializing in the space sector, has launched a new space investment tracker tool: its Financing & Transactions Database. The subscription-based platform offers a detailed monthly dashboard, providing up-to-date financial insights on private space investment activities. These include publicly disclosed funding operations like equity investments, debt operations, IPOs, SPAC […]
Fleet raked in $33M in a Series C round yesterday to build out its satellite-enabled mineral exploration solution. Blackbird led the funding round, which valued the startup at $229M. Down Undah: Headquartered in South Australia, Fleet is hyper-focused on serving one of the region’s largest economies, resource mining. The company leverages its seven-nanosatellite LEO constellation […]
Years of government investment in the UK’s commercial space sector are paying off. The UK received 17% of global space private capital since 2015, according to a report released Tuesday from the UK Space Agency and PwC. That makes it the second most attractive place for private sector space investment behind the US, and the […]
VCs invested $310.7M in the US space industry during the first quarter of 2023, according to new Pitchbook data. It’s the lowest amount since Q3 of 2021, but the 24 deals closed in the quarter is comparable to last quarter. The biggest deals ranged across different segments of the industry from launch to manufacturing. These […]
Orbit Fab announced yesterday that it closed a $28.5M Series A to accelerate bringing its on-orbit refueling depot tech, i.e., gas stations in space, to market. 8090 Industries led the company’s Series A, with participation from Stride Capital, Industrious Ventures, Lockheed Martin Ventures, Tribe Capital, Good Growth Capital, and Massive Capital Partners. At the same […]
Starfish Space, a Seattle-based startup developing satellite servicing spacecraft, has raised a $14M Series A round led by Munich Re Ventures. Toyota Ventures also participated in the round, along with existing investors PSL Ventures, NFX, and MaC VC. Servicing for cheap: Starfish has a grand vision of a future economy in Earth orbit where satellites […]
United Launch Alliance, a joint venture formed in 2006, may soon have a new corporate home. That’s because co-owners Boeing ($BA) and Lockheed Martin ($LMT) are reportedly putting ULA up for sale, according to a blockbuster story last week from Ars Technica’s Eric Berger. Morgan Stanley and Bain were hired to facilitate the transaction, which […]
Astroscale, a Japanese startup designing orbital debris removal and on-orbit servicing technology, announced Sunday that it has closed a $76M Series G round to accelerate its growth and development. The round, especially notable given the current state of private markets, brings Astroscale’s total funding to date to $376M. The company raised the Series G entirely […]
Jiga, a Y Combinator W21 alum operating a manufacturing procurement platform, closed a $4.1M funding round led by Symbol. “The aerospace industry is facing a growing demand for new and innovative products, and it’s crucial that companies have quick access to the right parts and materials to meet this demand,” Jiga CEO Adar Hay told […]
