Space Capital

Space Capital LP
Company typePrivate
IndustryVenture Capital
Founded2017
FounderChad Anderson
Headquarters,
United States
Key people
Chad Anderson, Tom Ingersoll
ProductsInvestments
Websitewww.spacecapital.com

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

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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][citation needed]

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),[1] an online angel investment platform, and Space Talent, a career platform and central node for space industry jobs, as its sub-brands.[4]

See also

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References

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