Space Capital

Space Capital LP is an early-stage venture capital firm that invests exclusively in space-based technologies.[1][2] Formed in 2017 it is based in New York City. Space Capital is the parent brand of Space Angels, an online angel investment platform, and Space Talent, a career platform and central node for space industry jobs.[3][4]

Space Capital LP
TypePrivate
IndustryVenture Capital
Founded2017
FounderChad Anderson
Headquarters,
United States
Key people
Chad Anderson, Tom Ingersoll
ProductsInvestments
Websitewww.spacecapital.com

History

Space Capital was founded by Chad Anderson in 2017 in New York City, with Tom Ingersoll joining as a Partner.[5][6] Space Capital launched its first fund of $16 million in 2017.[7]

Space Capital began publishing a quarterly update on space startup and investment activity in 2017, which coined the 2010s as the entrepreneurial space age.[8][9][10] The report has been cited by the United States Secretary of Commerce[11] and by the Vice President of the United States at the sixth meeting of the National Space Council.[12]

On March 18, 2020, Space Capital and SIlicon Valley Bank published a report called “The GPS Playbook”,[13] which forecasted emerging opportunities for investors in three high-growth fields over the coming decade: GPS, geospatial intelligence and space-based communications.[14]

On May 5, 2020, Space Capital formalized its brand architecture with Space Capital as the parent brand and Space Angels (founded in 2007),[1] an online angel investment platform, and Space Talent, a career platform and central node for space industry jobs, as its sub-brands.[4]

See also

References

  1. Rachel Jewett (May 5, 2020). "Space Angels Rebrands as Space Capital". Satellite Today.
  2. "The Space Capital Podcast on Apple Podcasts". April 18, 2023.
  3. "The Most Active Space Tech Investors". May 2, 2017.
  4. "Space Angels Announces Branding Realignment and New $50 Million Venture Capital Fund" (Press release). Businesswire. May 5, 2020.
  5. "Space Angels, Multiple Equilibria, and Financing the Space Economy - Case - Faculty & Research - Harvard Business School".
  6. "Tom Ingersoll Joins Space Capital Partners, Which is Targeting $50m for First Venture Fund | Investment News | Trusted Insight".
  7. Jewett, Rachel (December 15, 2022). "NewSpace Capital Closes its First Space-Focused Growth Fund". Via Satellite. Retrieved June 19, 2023.
  8. "Space Angels' Chad Anderson on entering a new decade in the 'entrepreneurial space age'". January 16, 2020.
  9. Sheetz, Michael (November 1, 2017). "Space companies are receiving billions from venture backers, report says". CNBC.
  10. Mosher, Dave. "10 years ago, the world laughed at private space companies. $25.7 billion later, a new report claims we are at the 'dawn of the entrepreneurial space age.'". Business Insider.
  11. "Remarks by Commerce Secretary Wilbur L. Ross at the Space Startup Summit". U.S. Department of Commerce.
  12. "VP Pence participates in National Space Council meeting". YouTube. August 20, 2019. Retrieved June 6, 2020.
  13. ""The GPS Playbook" by Space Capital and Silicon Valley Bank Forecasts Emerging Opportunities for Investors Based on Trillion". Bloomberg.com. March 18, 2020.
  14. ""The GPS Playbook" by Space Capital and Silicon Valley Bank Forecasts Emerging Opportunities for Investors Based on Trillion Dollar Space-Based Technology". Associated Press. March 18, 2020.
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