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E2MC Update On Space-Financing Rounds in August 2020

By Raphael Roettgen

Photo by NASA on Unsplash.

August 2020 sure proved that a lot of private capital can flow into the space sector, with a total of US$2.2 billion. Sure, SpaceX represented over 80% of this total – the company’s latest filing shows $1.9 billion raised of a potential total of $2.066 billion – but even without it, the sector total would have come to almost $400 million, distributed across geographies and subsectors.

Deals have also continued, including Kymeta’s acquisition of satellite services provider Lepton and KBR acquiring Centauri, a technology solutions provider to the U.S. Government whose areas of expertise include space. We are also keeping an eye on the Chapter 11 bankruptcy proceedings of satellite communications provider Speedcast, where the company has already attracted bids from interested parties.

CompanyUS$mCountrySubsectorInvestors
SpaceX1901.4U.S.Diversified (Launch, Satcomm)Fidelity, others

 

 

iSpace172.0ChinaLaunchBeijing Financial Street Capital Operation Center, CICC Alpha, Taizhonghe Capital

 

Kymeta85.2U.S.Satcomm (antennas)Bill Gates, S. Douglas Hutcheson
ABL Space Systems*49.0

 

U.S.LaunchVenrock, New Science Ventures, Lynett Capital, and Lockheed Martin Ventures.

 

AXESS Networks42.5

(debt)

 

SpainSatcommAlantra, Cofides

 

ispace28.0JapanLunarIncubate Fund, Mitsui Sumitomo Insurance Company, Space Frontier Foundation, Takasago Thermal Engineering

 

Pixxel5.0IndiaRemote sensingBlume Ventures, growX ventures, Inventus Capital, Lightspeed India Partners, Ryan Johnson, Stanford Angels and Entrepreneurs

 

Warpspace3.0JapanSatcomm

(optical)

 

Mitsubishi UFJ Capital, others
Mecano ID1.2FranceSpacecraft components

 

French government entities (grant)
Morpheus SpaceNAGermanySpacecraft components (propulsion)Airbus Ventures, In-Q-Tel, Lavrock Ventures, Pallas Ventures, Techstars, Vsquared Ventures

 

Skygate TechnologiesNAJapanSatcomm

(ground stations)

Keio Innovation Initiative

 

*closed on 31-Mar-2020

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