Space Capital
Space Capital LP is an early-stage venture capital firm that invests exclusively in space-based technologies. Formed in 2012, it is based in New York City. Originally known as Space Angels, it adopted the Space Capital name in 2020.
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 fund of $16 million, with Tom Ingersoll joining as partner. By 2024, the firm had 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.
As of 2026, the firm manages over $1 billion in assets across four funds.
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 and by the Vice President of the United States at the sixth meeting of the National Space Council.
See also
- Private equity
- Venture capital