Space transportation startup Momentus raised $8.3 million in seed funding for its business of offering satellite operators rides from one orbit to another, the Santa, Clara, California company announced Nov. 14.
Venture capitalists see no sign of a slowdown in funding of space-related startups even though only a handful of those companies have provided significant returns to their investors.
ICEYE raised $34 million in a Series B investment round, bringing the Finnish company’s total funding to $53 million, ICEYE announced May 24.
Despite a lack of “megadeals” involving space companies this year, investor interest in the industry remains strong thanks to several factors, according to one assessment.
A prominent venture capitalist who has been a key investor and supporter of commercial space efforts has left the firm he co-founded and is taking a leave of absence from the board of SpaceX.
The Founder Institute plans to attract would-be space entrepreneurs to its worldwide network of incubators with generous financial incentives and mentorship from industry veterans.
Rocket Lab, a U.S.-New Zealand company developing a small launch vehicle, announced March 21 that it has raised an additional $75 million that will help the company scale up production of the rocket.
Despite an influx of money being invested in space companies in recent years, investors and analysts warned that there is no guarantee this growth will continue in the coming years.
The recent boom in entrepreneurial space activity is fueling investor interest in the sector, but venture capitalists remain troubled by the number of entrepreneurs they meet who lack sound business plan.
A British venture-capital company has secured cash investment from five European space-hardware and services companies to launch a venture capital fund to invest in promising European – mainly British – start-up space companies.
LIVERPOOL, England — Organizers of this year’s UK Space Conference thought that because the nation’s fast-growing space sector is focused on creating startup companies and generating revenue, inviting a Silicon Valley startup space company w…
As the flow of private investment into entrepreneurial space companies grows, some investors say they are willing to accept long waits for a return on their investment in companies that have the potential to change entire industries.