VC/PE

PitchBook, NVCA Publish Quarterly Venture Monitor Report

t’s already been a banner year for VCs and we still have three months to go. That’s the takeaway from the Venture Monitor report, published by PitchBook and NVCA this morning. Let’s break out the “space tech” investment data.

Since 2016, space tech has accounted for ~1.2% of all VC funding. That proportion jumps around in quite erratically, as you can see above, due to episodic mega-deals. 

We’re unsure where to draw the line at what is and isn’t a mega-deal. We’ll leave that to you. But here are the top deals so far this year, ordered by size:

  1. SpaceX, ~$1.2B (April)
  2. Relativity Space, $650M (June)
  3. Astranis, $281M (April)
  4. ICON Technology, $207M (August)
  5. ABL Space Systems, $170M (March)
  6. Axiom Space, $130M (February)
  7. Climavision, $100M (June)
  8. Tomorrow.io, $77M (March)
  9. Firefly Aerospace, $75M (April)
  10. Orbital Insight, $73M (May) 

Total quarterly investment is also heavily impacted by mega-deals. In this graph, you can also see the pandemic’s effect on space investing very clearly:

Related Stories
MilitaryVC/PE

DoD Opens Line of Communication to VCs

The Space Force is meeting with the top funders of commercial space tech, opening a line of communication between the national security and VC communities about threats in orbit and the up-and-coming tech needed to counter them.

VC/PE

Phantom Raises a Bridge Round

Phantom Space has raised a bridge round of funding to scale up hiring ahead of its first rocket launch next year. Balerion Space Ventures led the round, which also included participation from the Reaser Family Office, KOLH Capital, and a handful of existing and new investors. The new tranche of funding brings the company’s total […]

StartupsVC/PE

Lumen Orbit Raises $2.4M to Speed Up Downlink

Lumen Orbit, a startup that aims to speed up downlink times by processing data in space, is emerging from stealth today with $2.4M in funding. 

BusinessVC/PE

Unseenlabs Raises €85M for Maritime Tracking

Unseenlabs, a French space company building a constellation for maritime surveillance, has raised an €85M ($92.2M) funding round that will support its expansion outside of Europe.