VC/PE
Stories about how space companies are raising money to take on next-gen missions.
Karman+ Raises $20M For Asteroid Mining Demo
Multiple civil space agencies have made recent trips to asteroids. Karman+ is betting it can achieve similar results with drastically less capital.
K2 Space Raises $110M Series B
The company will hire more engineers to continue its “ruthless approach to driving down costs,” according to head of strategy John Plumb.
AscendArc Raises $4M for its Small GEO Sats
AscendArc emerged from stealth this morning with $4M in funding to develop small GEO communication satellites.
Spaceium Closes $6.3M Seed Round
Spaceium, an in-orbit refueling service, raised a $6.3M seed round led by Initialized Capital with participation from 15 additional VC firms and angel investors. The Y-Combinator-backed startup plans to use the funding to demonstrate its refueling technology in orbit and expand its team. “Fuel for spacecraft is a massive bottleneck in the industry,” Spaceium CEO…
FUSE Launches Space-Focused VC Program
The new FUSE Space Program will invest $1M in early space companies. The CEOs of Quindar and Lumen Orbit will serve as scouts, helping to find founders and ideas that would make good investments.
Stoke Secures $260M Series C For Its 100% Reusable Rocket
Stoke Space raised $260M to continue developing its fully reusable Nova rocket and to complete the build out of its launch pad, the company announced yesterday.
Synspective Goes Public on Tokyo Stock Exchange
The SAR data collector has plans for a thirty satellite constellation.
Australian Space Geology Firm Raises $100M Series D
”[T]ier one mining companies are taking notice…now they’re looking to put their foot on the gas.”
Pixxel Raises $24M For Hyperspectral Data Biz
Pixxel’s sensors capture 150 wavelengths at 5-m resolution in a 40-km swath.
Three VC Investors Weigh in on the State of Investing in Space
Space is a nascent market with vast, unbounded potential, where an early-stage startup can become a dominant business integral to the very infrastructure of the space economy for decades to come.
