EUSI Banner - Okt 1 2022

#SpaceWatchGL Column: E2MC Update On Space-Financing Rounds in June 2021

by Raphael Roettgen

Photo by NASA on Unsplash.

June 2021 saw over $1.5 billion raised in private fundraising for space-related companies.

No space company mergers with SPACs in June but, as we already know by now, SPACs will appear again in the July edition of our financing review, with Satellogic’s and Planet’s mergers already having been announced.


Relativity Space650.0U.S.Launch / spacecraft componentsBaillie Gifford, BlackRock, Brad Buss, Centricus, Coatue, Fidelity Management and Research Company, Jared Leto, K5 Global, Mark Cuban, Soroban Capital, Spencer Rascoff, Tiger Global Management, Tribe Capital, XN




Bharti Enterprises
Isar Aerospace67.3GermanyLaunch


HV Capital
LeoLabs65.0U.S.SDAInsight Partners, Velvet Sea Ventures


Oriental Space61.8ChinaDiversifiedSequoia China, Matrix Partners China, Sany, and Tianfu Sanjiang Fund


Kepler Communications60CanadaSatcommCanaan Partners, Costanoa Ventures, IA Ventures, Tribe Capital


Gilmour Space Technologies45.7AustraliaLaunchBlackbird Ventures, Fine Structure Venture, HESTA, Hostplus, Main Sequence, NGS Super


Phase Four26.0U.S.Spacecraft components


New Science Ventures
Orbion Space Technology20.0U.S.Spacecraft componentsBeringea, Inventus Capital Partners, Material Impact Fund, Wakestream Ventures


SkyWatch17.2CanadaRemote sensing – downstreamBDC Venture Capital, Bullpen Capital, Drive Capital, Golden Ventures, Space Capital


Muxing Technology15.5ChinaGNSSABI Yuanshi capital, FREES FUND, Helicap, Optimas Capital Partners Fund


Launcher11.7U.S.LaunchBoost, Haot (CEO company)
OroraTech6.9GermanyRemote sensingFindus Venture, Ananda Impact Ventures, APEX Ventures, BayernKapital, Clemens Kaiser, SpaceTec Capital, Ingo Baumann


Frontier Aerospace5.5U.S.Spacecraft components


Hydrosat5.0U.S. / Lux.Remote sensingCultivation Capital, Expon Capital, Freeflow Ventures, Industrious Ventures, Social Venture Fund, Synovia Capital, Techstars, The Yield Lab


ClearSpace4.3SwitzerlandOrbit servicesDedicated, Graph Ventures, Swisscom Ventures, The Flying Object, Urania Ventures


PlanetWatchers3.5U.K.Remote sensing – downstreamCreative Ventures, Ridgeline Partners, Seraphim Capital, Trendlines Group


Spotr.ai3.0NetherlandsRemote sensing — downstreamConcrete Venture Capital, InnovationQuarter, Volta Ventures


Atomos Space2.1U.S.Orbit servicesRevolution, Techstars, Creative Destruction Lab, Matchstick Ventures


GalaxEyeN/AIndiaRemote sensing


Speciale Invest
ScepterN/AU.S.Remote sensingL37 Venture Partners, Table Rock Infrastructure Partners


Speqtral Quantum TechnologiesN/AU.S.


Techstars, Techstars Space Accelerator


SCOUTN/AU.S.SDATechstars, Techstars Space Accelerator


Navars EdutechN/AIndiaOther (education)Faad Network


Raphael Roettgen; Photo courtesy of the author

Raphael Roettgen provides financial advice to and invests proprietary capital in space companies as a managing director and founder of E2MC. He also advises institutional investors and governments on space. Previously, Raphael has held senior roles at global investment banks and hedge funds and was also a fintech entrepreneur in Brazil. He holds degrees in finance from Wharton, machine learning from PUC-Rio and space studies from the International Space University, as well as the CFA and FRM charters.

Check Also

Register Today For Our Space Café Brazil by Ian Grosner On 7 October 2022

This Space Café Brazil will feature Lucas Fonseca, a Brazilian Space System Engineer, in conversation with Ian Grosner, Correspondent of SpaceWatch.Global for Brazil. Space Café Brazil: World Space Week 2022