Space Capital Explained

Space Capital LP
Type:Private
Industry:Venture Capital
Predecessors:-->
Successors:-->
Founded:2017
Founder:Chad Anderson
Founders:-->
Hq Location City:New York
Hq Location Country:United States
Areas Served:-->
Key People:Chad Anderson, Tom Ingersoll
Products:Investments
Owners:-->

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]

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), an online angel investment platform, and Space Talent, a career platform and central node for space industry jobs, as its sub-brands.

See also

External links

Notes and References

  1. Web site: Rachel Jewett. Space Angels Rebrands as Space Capital . Satellite Today. May 5, 2020.
  2. Web site: The Space Capital Podcast on Apple Podcasts. April 18, 2023 .
  3. Web site: The Most Active Space Tech Investors. May 2, 2017.
  4. Space Angels Announces Branding Realignment and New $50 Million Venture Capital Fund. Businesswire. May 5, 2020.
  5. Web site: Space Angels, Multiple Equilibria, and Financing the Space Economy - Case - Faculty & Research - Harvard Business School.
  6. Web site: Tom Ingersoll Joins Space Capital Partners, Which is Targeting $50m for First Venture Fund | Investment News | Trusted Insight.
  7. Web site: Jewett . Rachel . 2022-12-15 . NewSpace Capital Closes its First Space-Focused Growth Fund . 2023-06-19 . Via Satellite . en.
  8. Web site: Space Angels' Chad Anderson on entering a new decade in the 'entrepreneurial space age'. January 16, 2020 .
  9. Web site: Space companies are receiving billions from venture backers, report says. Michael. Sheetz. November 1, 2017. CNBC.
  10. Web site: 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.'. Dave. Mosher. Business Insider.
  11. Web site: Remarks by Commerce Secretary Wilbur L. Ross at the Space Startup Summit. U.S. Department of Commerce.
  12. Web site: VP Pence participates in National Space Council meeting . YouTube . 2019-08-20 . 2020-06-06.
  13. News: "The GPS Playbook" by Space Capital and Silicon Valley Bank Forecasts Emerging Opportunities for Investors Based on Trillion. Bloomberg.com. March 18, 2020.
  14. Web site: "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.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Space Capital".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.