Space Capital LP is an early-stage venture capital firm that invests exclusively in space-based technologies. Formed in 2017, it is based in New York City. Space Capital is the parent brand of Space Angels, an online

angel investment An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital to a business or businesses, including startups, usually in exchange for convertible debt ...

platform, and Space Talent, a career platform and central node for space industry jobs.

History

Originally founded in 2007 as an angel investor network, the firm's scale was limited by its informal structure. In 2012, Chad Anderson became CEO and by 2015 transitioned Space Angels away from the decentralized investing model typical of angel networks. In 2015, Anderson re-founded the company and launched its first special purpose vehicle (SPV) fund. In 2017, Space Capital launched its first institutional

venture capital Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in ...

fund of $16 million, with Tom Ingersoll joining as partner. The firm has since grown to three funds and over $100 million under management. Their investments are focused on space-based technologies such as GPS, geospatial intelligence, and satellite communications. In 2020, Space Capital formalized its brand architecture with Space Capital as the parent brand and Space Angels (founded in 2007), an online angel investment platform, and Space Talent, a career platform and central node for space industry jobs, as its sub-brands.

Publications

Space Capital began publishing a quarterly update on space startup and investment activity in 2017, which coined the 2010s as the entrepreneurial space age. The report has been cited by the

United States Secretary of Commerce The United States secretary of commerce (SecCom) is the head of the United States Department of Commerce. The secretary serves as the principal advisor to the president of the United States on all matters relating to commerce. The secretary rep ...

and by the

Vice President of the United States The vice president of the United States (VPOTUS) is the second-highest ranking office in the Executive branch of the United States government, executive branch of the U.S. federal government, after the president of the United States, and ranks f ...

at the sixth meeting of the National Space Council. On March 18, 2020, Space Capital and SIlicon Valley Bank published a report called "The GPS Playbook", which forecasted emerging opportunities for investors in three high-growth fields over the coming decade:

GPS The Global Positioning System (GPS) is a satellite-based hyperbolic navigation system owned by the United States Space Force and operated by Mission Delta 31. It is one of the global navigation satellite systems (GNSS) that provide geol ...

geospatial intelligence In the United States, geospatial intelligence (GEOINT) is intelligence about the human activity on Earth derived from the exploitation and analysis of imagery, signals, or signatures with geospatial information. GEOINT describes, assesses, and visu ...

and space-based communications.

References

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External links

Space Capital website
Venture capital firms of the United States Financial services companies based in New York City Financial services companies established in 2017 2017 establishments in New York City Privately held companies based in New York City

History

Publications

See also

References

External links