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
Originally founded in 2007 as an angel investor network, the firm's scale was limited by its informal structure.[5] 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.[6] [7]
In 2017, Space Capital[8] launched its first institutional venture capital fund of $16 million, with Tom Ingersoll joining as partner.[9] The firm has since grown to three funds and over $100 million under management.[10] [11] [12] Their investments are focused on space-based technologies such as GPS, geospatial intelligence, and satellite communications.[13]
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.[14] [15] [16] The report has been cited by the United States Secretary of Commerce[17] and by the Vice President of the United States at the sixth meeting of the National Space Council.[18]
On March 18, 2020, Space Capital and SIlicon Valley Bank published a report called "The GPS Playbook",[19] which forecasted emerging opportunities for investors in three high-growth fields over the coming decade: GPS, geospatial intelligence and space-based communications.[20]
See also
External links
Notes and References
- Web site: Rachel Jewett. Space Angels Rebrands as Space Capital . Satellite Today. May 5, 2020.
- Web site: The Space Capital Podcast on Apple Podcasts. April 18, 2023 .
- Web site: The Most Active Space Tech Investors. May 2, 2017.
- Space Angels Announces Branding Realignment and New $50 Million Venture Capital Fund. Businesswire. May 5, 2020.
- Web site: Space Angels, Multiple Equilibria, and Financing the Space Economy - Case - Faculty & Research - Harvard Business School . 2024-04-08 . www.hbs.edu.
- Web site: Segran . Elizabeth . 2017-01-01 . Four Out-Of-This-World Predictions For The Space Industry In 2017 . Fast Company.
- Web site: Jao . Carren . 2014-10-16 . Meet the Entrepreneurs at the Forefront of the Space Race . 2024-04-08 . Entrepreneur . en.
- Web site: Tom Ingersoll Joins Space Capital Partners, Which Is Targeting $50m For First Venture Fund Investment News Trusted Insight . 2024-04-08 . www.thetrustedinsight.com . en-US.
- Web site: The Space Economy: Capitalize on the Greatest Business Opportunity of Our Lifetime Wiley . 2024-04-08 . Wiley.com . en-us.
- Web site: Anderson . Chad . 2023-04-10 . Space Capital launches Fund 3 to continue investing at the intersection of space and tech . 2024-04-08 . Space Capital . en.
- Web site: Dargan . James . 2023-01-03 . Founder & Managing Partner of Space Capital Talks New Investments, Space Stocks & The Outlook for Space Ventures in 2023 . 2024-04-08 . Space Impulse . en-US.
- Web site: Anderson . Chad . 2022-03-16 . Space Capital closes $32M for second institutional fund to continue investing at the intersection… . 2024-04-08 . Space Capital . en.
- Web site: Sheetz . Michael . 2023-10-19 . Investing in Space: On satellites, the invisible backbone of global industry . 2024-04-08 . CNBC . en.
- Web site: January 16, 2020 . Space Angels' Chad Anderson on entering a new decade in the 'entrepreneurial space age' .
- Web site: Sheetz . Michael . November 1, 2017 . Space companies are receiving billions from venture backers, report says . CNBC.
- Web site: 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.
- Web site: Remarks by Commerce Secretary Wilbur L. Ross at the Space Startup Summit . U.S. Department of Commerce.
- Web site: 2019-08-20 . VP Pence participates in National Space Council meeting . 2020-06-06 . YouTube.
- News: March 18, 2020 . "The GPS Playbook" by Space Capital and Silicon Valley Bank Forecasts Emerging Opportunities for Investors Based on Trillion . Bloomberg.com.
- Web site: March 18, 2020 . "The GPS Playbook" by Space Capital and Silicon Valley Bank Forecasts Emerging Opportunities for Investors Based on Trillion Dollar Space-Based Technology . Associated Press.