venture capital
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.
Startup financing flourished in 2019 with no sign of slowing
Space industry startups attracted $5.7 billion in financing in 2019, “shattering the $3.5 billion record set the previous year,” according to a new report by Bryce Space and Technology.
EU to invest 200 million euros into space industry
The European Union will provide 200 million euros ($222 million) to support Europe’s space industry, in the form of a loan to help fund development of the Ariane 6 and investment in space startups.
2010-2019: The decade in space
It was a decade of enormous change. When it began, SpaceX was on the ropes, cubesats were teaching tools, NASA’s lunar ambitions were back on hold and no one in Washington was calling for a Space Force.
Seraphim Capital, Noosphere Ventures invest in D-Orbit
Seraphim Capital and Noosphere Ventures participated in the latest funding round for Italian space company D-Orbit.
Descartes Labs raises $20 million to create Earth’s digital twin
Descartes Labs, a company that specializes in applying machine learning to geospatial datasets, raised $20 million in a Series B-2 bridge financing round.
