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Space Capital

North America, New York, United States, New York

Description

Space Capital is a prominent venture capital firm headquartered in New York City, exclusively focused on investing in the burgeoning space economy. The firm targets early-stage companies, typically from Seed to Series A, that are developing critical infrastructure, distribution channels, and applications within the space sector. Their investment thesis is rooted in the belief that space technology is rapidly transitioning from government-centric initiatives to a commercialized industry, offering significant growth opportunities. Space Capital strategically categorizes its investments into three layers: Infrastructure (e.g., launch, satellite manufacturing), Distribution (e.g., ground stations, data processing), and Applications (e.g., geospatial intelligence, climate monitoring services).

The firm employs a highly specialized and thematic investment approach, leveraging deep industry expertise to identify and support companies at the forefront of space innovation. Beyond providing capital, Space Capital is known for offering strategic guidance, market insights, and access to a robust network within the space ecosystem. The firm has demonstrated a consistent growth trajectory in its fund sizes, reflecting the expanding investment landscape in space. For example, Space Capital III, one of their significant funds, successfully closed at $100 million, enabling them to make substantial initial investments and support portfolio companies through subsequent funding rounds.

Space Capital has cultivated an extensive and diverse portfolio, comprising companies that are driving advancements across various sub-sectors of the space industry. As of recent reports, their portfolio includes over 100 companies, showcasing their broad reach and influence. The firm is also recognized for its thought leadership, regularly publishing detailed industry reports such as the "Space Investment Quarterly," which provides valuable data and analysis on investment trends. Space Capital's overarching goal is to back companies that harness space-derived capabilities and data to address global challenges and unlock new economic frontiers.

Investor Profile

Space Capital has backed more than 77 startups, with 3 new investments in the last 12 months alone. The firm has led 22 rounds, about 29% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Canada, Finland.
  • Strong thematic focus on Aerospace, Information Technology, Satellite Communication.
  • Led 2 rounds in the past year.
  • Typical check size: $1M – $5M.

Stage Focus

  • Seed (34%)
  • Series A (29%)
  • Series B (14%)
  • Series C (6%)
  • Series Unknown (5%)
  • Pre Seed (4%)
  • Series D (3%)
  • Convertible Note (3%)
  • Series J (1%)
  • Angel (1%)

Country Focus

  • United States (71%)
  • Canada (10%)
  • Finland (5%)
  • United Kingdom (5%)
  • Germany (4%)
  • Switzerland (1%)
  • Singapore (1%)
  • Belgium (1%)

Industry Focus

  • Aerospace
  • Information Technology
  • Satellite Communication
  • Space Travel
  • Software
  • Big Data
  • Remote Sensing
  • Telecommunications
  • Artificial Intelligence (Ai)
  • Analytics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Space Capital frequently co-invest with?

Golden Ventures
North America, Ontario, Canada, Toronto
Co-Investments: 3
ff Venture Capital
North America, New York, United States, New York
Co-Investments: 3
Promus Ventures
North America, Illinois, United States, Chicago
Co-Investments: 5
Seraphim Space
Europe, England, United Kingdom, London
Co-Investments: 4
Quest Venture Partners
North America, California, United States, Palo Alto
Co-Investments: 3
Explorer 1 Fund
North America, California, United States, San Francisco
Co-Investments: 3
Shasta Ventures
North America, California, United States, Portola Valley
Co-Investments: 6
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 8
True Ventures
North America, California, United States, Palo Alto
Co-Investments: 4
DNX Ventures
North America, California, United States, San Mateo
Co-Investments: 4

Which angels does Space Capital often collaborate with?

CH
North America, New York, United States, New York
Shared Deals: 1
WC
North America, New York, United States, Manhattan
Shared Deals: 1
PP
North America, California, United States, San Francisco
Shared Deals: 1
LP
North America, California, United States, San Francisco
Shared Deals: 1
SC
North America, California, United States, San Jose
Shared Deals: 2
MO
Europe, Berlin, Germany, Berlin
Shared Deals: 2
DT
North America, Colorado, United States, Denver
Shared Deals: 11
JS
North America, California, United States, San Francisco
Shared Deals: 1
AV
Europe, Lombardia, Italy, Bergamo
Shared Deals: 2
Chris Sang
Oceania, New South Wales, Australia, Sydney
Shared Deals: 1

What are some of recent deals done by Space Capital?

LGND

Berkeley, California, United States

LGND is a technology business that specialises in AI-powered spatial data solutions.

Artificial Intelligence (AI)SoftwareSoftware Engineering
SeedJul 10, 2025
Amount Raised: $9,000,000
Lux Aeterna

Denver, Colorado, United States

Lux Aeterna is a space infrastructure company that focuses on orbital activities through reentry and reusability.

Satellite CommunicationSpace Travel
Pre SeedJun 25, 2025
Amount Raised: $4,000,000
Dataplor

Los Angeles, California, United States

Dataplor is a location intelligence platform that connects businesses with a mobile workforce that is available on demand.

AnalyticsArtificial Intelligence (AI)Big DataInformation TechnologyLocation Based Services
Series BJun 3, 2025
Amount Raised: $20,500,000
Guardian RF

San Francisco, California, United States

Guardian RF is a defense and security manufacturing startup that provides drone detection technology to US defense and national security

DronesManufacturingSecurity
SeedSep 15, 2024
Amount Raised: $2,500,000
Xona Space Systems

San Mateo, California, United States

Xona Space Systems develops satellite services for positioning, navigation, and timing to support the advancement of intelligent systems.

GPSInformation ServicesNavigationSoftware
Series AMay 3, 2024
Amount Raised: $19,000,000
LeoLabs

Menlo Park, California, United States

LeoLabs is an aerospace company that supplies and provides low Earth orbit mapping and space situational awareness services.

AerospaceDatabaseMapping ServicesSoftware
Series UnknownFeb 12, 2024
Amount Raised: $29,000,000
Gradial

Seattle, Washington, United States

Marketing & sales ops at the speed of thought

Artificial Intelligence (AI)Developer PlatformSoftware
SeedNov 20, 2023
Amount Raised: $5,259,996
Zephr

Louisville, Colorado, United States

Zephr operates as a developer of next generation location-based solutions.

Augmented RealityGPSMapping Services
SeedNov 2, 2023
Amount Raised: $3,500,000
Kayhan Space

Boulder, Colorado, United States

Kayhan Space ensures satellite operators maintain situational awareness of their space assets

Aerospace
SeedSep 19, 2023
Amount Raised: $7,000,000
Impulse Space

Redondo Beach, California, United States

Impulse Space develops orbital maneuvering vehicles for last-mile cargo delivery.

AerospaceManufacturingSpace Travel
Series AJul 24, 2023
Amount Raised: $45,000,000