5 Visionary Space Tech Companies in AV’s Portfolio
Meet some of our disruptive portfolio companies helping to grow space tech into a $1 trillion market
Advances in aerospace technology are enabling transformative human achievements, from circumnavigating the globe in an hour to building a replacement for the International Space Station. According to McKinsey, the global space market is projected to reach $1 trillion by 2030, with the number of active satellites in orbit expected to triple within the next decade.* See below to read about some of our portfolio companies that are contributing to this astronomical growth potential.
5 Visionary Space Tech Companies in Our Portfolio
Watch the video below to learn about some of our portfolio companies helping grow space tech into a $1 trillion global market.
See video policy below.
- Axiom Space: Commercializing low Earth orbit with a new ISS
- Capella Space: Cost-effective synthetic-aperture radar satellites
- Impulse Space: Orbital maneuvering vehicles for payload delivery
- Radian Aerospace: Public and private voyages to low Earth orbit
- Venus Aerospace: Hypersonic travel around the globe in an hour
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Webinar
Pioneering the Final Frontier: A Conversation with Leaders of Cutting-Edge Space, Satellite and Infrastructure Companies
Join us for an illuminating exploration of the final frontier and the exciting startups leading the way. Our exclusive webinar invites you to hear from esteemed space industry leaders for an in-depth analysis of the sector's remarkable growth and development.
Presenters
Managing Partner, Strawberry Creek Ventures
CEO HawkEye 360
COO Xplore
Chief Engineer Axiom Space
Axiom Space is opening new markets in low-Earth orbit (LEO) by operating end-to-end missions to the International Space Station while privately developing its successor. Axiom Station will support research, future human space exploration, and in-space manufacturing to create new opportunities for industries, governments, and educators.
How We’re Involved:
- $130 million Series B in 2021 led by C-5 Capital
- $350 Million Series C in 2023 led by Aljazira Capital and Boryung
Scenes from Axiom Space’s Historic AX-1 Mission
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Invested Funds:
- Bascom Ventures (for the Wisconsin community)
- Bleecker Street Ventures (for the NYU community)
- The Fence Ventures (for the Carnegie Mellon community)
- Purple Arch Ventures (for the Northwestern community)
- Two Lakes Ventures (for the Notre Dame community)
- Westwood Ventures (for the UCLA community)
- Deep Tech Fund (disruptive, impactful tech)
- Total Access Fund (our broadest fund)
Capella Space develops cost-effective synthetic-aperture radar (SAR) satellites that are able to see through clouds, at night, and even underground. SAR satellites provide a more accurate and detailed view of the Earth compared with traditional imaging satellites.
How We’re Involved:
- $19 million Series B in 2018 led by Spark Capital and Data Collective
- $29.4 million Series B2 in 2019 alongside Cota Capital
- $97 million Series C in 2022 led by NightDragon
Invested Funds:
- 116 Street Ventures (for the Columbia community)
- Blue Ivy Ventures (for the Yale community)
- Castor Ventures (for the MIT community)
- Chestnut Street Ventures (for the Penn community)
- Congress Avenue Ventures (for the Texas community)
- Spike Ventures (for the Stanford community)
- Strawberry Creek Ventures (for the Berkeley community)
- Towerview Ventures (for the Duke community)
- Deep Tech Fund (disruptive, impactful tech)
- Total Access Fund (our broadest fund)
Impulse Space creates orbital maneuvering vehicles for last-mile payload delivery that can transport multiple payloads to unique orbits from a single launch. With a near-term focus on low Earth orbit, Impulse will offer services for all classes of payloads to distant destinations such as Geostationary Equatorial Orbit, the Moon, and Mars.
How We’re Involved:
- $45 million Series A in 2023 led by RTX Ventures (Raytheon)
Invested Funds:
- 116 Street Ventures (for the Columbia community)
- Comm Ave Ventures (for the BU community)
- Congress Avenue Ventures (for the Texas community)
- Green D Ventures (for the Dartmouth community)
- Lakeshore Ventures (for the UChicago community)
- Purple Arch Ventures (for the Northwestern community)
- Strawberry Creek Ventures (for the Berkeley community)
- Stadium Avenue Ventures (for the Purdue community)
- Yoshino Ventures (for the UW community)
- Deep Tech Fund (disruptive, impactful tech)
- Total Access Fund (our broadest fund)
Radian Aerospace is developing space systems designed to carry passengers to low Earth orbit and back. Radian’s products and capabilities aim to give commercial and government customers easy access to orbital space planes.
How We’re Involved:
- $27.5 million seed round in 2022 led by Fine Structure Ventures
Invested Funds:
- Bascom Ventures (for the Wisconsin community)
- Lakeshore Ventures (for the UChicago community)
- Purple Arch Ventures (for the Northwestern community)
- Deep Tech Fund (disruptive, impactful tech)
- Total Access Fund (our broadest fund)
Venus Aerospace is developing hypersonic technology to improve global travel, enabling passengers to travel more quickly and efficiently. The company’s primary aim is to build a plane that can travel across the globe in just an hour.
How We’re Involved:
- $3 million seed round in 2021 led by Prime Movers Lab
- $20 million Series A in 2022 led by Prime Movers Lab
- $15.9 million Series A2 in 2023 led by Airbus Ventures
2 Questions with CEO Sassie Duggleby
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Invested Funds:
- Ring Ventures (for the Texas A&M community)
- Deep Tech Fund (disruptive, impactful tech)
- Growth Fund (ventures with significant traction)
- Total Access Fund (our broadest fund)
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*Ryan Brukardt, Jesse Klempner, Et al., “A Giant Leap for the Space Industry,” McKinsey & Company, January 19, 2023