venture capital
TrustPoint raises $2 million for GPS alternative
TrustPoint Inc., a startup developing a global navigation satellite system, has raised $2 million in seed funding from venture capital firm DCVC.
VC firm Embedded Ventures signs cooperative agreement with U.S. Space Force
Embedded Ventures, a venture capital firm investing in space startups, has signed a multi-year agreement with the U.S. Space Force.
Planet co-founder Chris Boshuizen to fly with Blue Origin
Planet co-founder Chris Boshuizen will be one of four passengers on the next flight of the Blue Origin New Shepard suborbital vehicle.
Starbridge raises $12M in fresh capital for application-focused space startups
Starbridge Venture Capital is set to announce Sept. 8 that it has closed its second fund with $12.1 million in new capital.
SkyWatch raises $17.2 million in Series B funding round
SkyWatch Space Applications raised 20.9 million Canadian dollars ($17.2 ) in a Series B funding round, less than 17 months after welcoming investors to its Series A round.
LeoLabs raises $65 million in Series B funding round
LeoLabs plans to accelerate deployment of its global radar network and expand space situational awareness services with $65 million raised in a Series B financing round announced June 3.
Albedo raises $10 million for business to offer ultra-high-resolution Earth imagery
Albedo, the space startup planning to offer Earth imagery with a resolution of 10 centimeters per pixel, raised $10 million in a seed funding round led by Initialized Capital.
Op-ed | Exiting space: New era, new options
Overnight, or so it seems, space has become “red-hot,” facilitating new financing and exit options for space entrepreneurs and investors. A frequent question is whether this change in market sentiment is a flash in the pan or the beginning of a new, sustainable era?
Investors see multiple avenues for space sector exits
Money will continue flowing into the space industry from government agencies, private equity firms and public markets, according to panelists at the 2021 SmallSat Symposium.
Space industry investment continues to grow
Nearly a year after the onset of the coronavirus pandemic raised fears of a slowdown in commercial space investment, experts say the industry is, in fact, doing better than ever.
Astroscale raises $51 million in Series E, $191 million overall
Astroscale Holdings Inc. raised $51 million in a Series E investment round, bringing total funding for the Tokyo-based orbital debris removal startup to $191 million.
Space industry rebounds from pandemic
Despite dire predictions just six months ago, space companies in general, and startups in particular, have survived the pandemic and its economic fallout in relatively good shape.
Iceye raises $87 million in Series C investment round
Radar satellite operator Iceye raised $87 million in a Series C round announced Sept. 22, boosting the Finnish startup’s total investment tally to $152 million.
Indian Earth observation startup Pixxel raises $5 million
Indian Earth observation startup Pixxel announced Aug. 19 it raised $5 million in a seed investment round for a constellation of Earth observation satellites.
Startups in U.K., Switzerland, led Europe in space investment last year
Space startups in the United Kingdom and Switzerland led their European counterparts in raising private capital last year, according to the European Space Policy Institute.
Venture capital is pulling back but Voyager is ‘in for the long run’
Matthew Kuta, president and COO of Voyager Space Holdings, says the crisis has laid bare a fundamental mismatch between venture investors focused on making quick profits and what space companies need to be successful, which is a long-term commitment.
Op-ed | An unexpected effect: the industry’s recent challenges prove the importance of space
Rationalization of the startup landscape and the right sizing of company balance sheets is inevitable, paving the way for “Space 3.0,” which will see the profitable and sustainable exploitation of entirely new market opportunities, backed by a growing base of enlightened stakeholders.
Op-ed | What the government should or should not do to help space industry
One way to help the industry is for the government to communicate what problems it needs solved and commit funding for the right solutions.
Treasury unlikely to change rule that disqualifies space startups from relief loans
Treasury is said to be concerned that changing the rule for venture-owned startups would subvert the intent of the relief loan program.
Slingshot Aerospace gets $3 million from Air Force, private investors for data analytics technology
A $1.5 million Small Business Innovation Research award was matched by $1.5 million from ATX Venture Partners and Revolution’s Rise of the Rest Seed Fund.
