by Raphael Roettgen
June 2021 saw over $1.5 billion raised in private fundraising for space-related companies.
No space company mergers with SPACs in June but, as we already know by now, SPACs will appear again in the July edition of our financing review, with Satellogic’s and Planet’s mergers already having been announced.
| Company | US$m | Country | Subsector | Investors |
| Relativity Space | 650.0 | U.S. | Launch / spacecraft components | Baillie 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
|
| OneWeb | 500.0 | U.K. | Satcomm
|
Bharti Enterprises |
| Isar Aerospace | 67.3 | Germany | Launch
|
HV Capital |
| LeoLabs | 65.0 | U.S. | SDA | Insight Partners, Velvet Sea Ventures
|
| Oriental Space | 61.8 | China | Diversified | Sequoia China, Matrix Partners China, Sany, and Tianfu Sanjiang Fund
|
| Kepler Communications | 60 | Canada | Satcomm | Canaan Partners, Costanoa Ventures, IA Ventures, Tribe Capital
|
| Gilmour Space Technologies | 45.7 | Australia | Launch | Blackbird Ventures, Fine Structure Venture, HESTA, Hostplus, Main Sequence, NGS Super
|
| Phase Four | 26.0 | U.S. | Spacecraft components
|
New Science Ventures |
| Orbion Space Technology | 20.0 | U.S. | Spacecraft components | Beringea, Inventus Capital Partners, Material Impact Fund, Wakestream Ventures
|
| SkyWatch | 17.2 | Canada | Remote sensing – downstream | BDC Venture Capital, Bullpen Capital, Drive Capital, Golden Ventures, Space Capital
|
| Muxing Technology | 15.5 | China | GNSS | ABI Yuanshi capital, FREES FUND, Helicap, Optimas Capital Partners Fund
|
| Launcher | 11.7 | U.S. | Launch | Boost, Haot (CEO company) |
| OroraTech | 6.9 | Germany | Remote sensing | Findus Venture, Ananda Impact Ventures, APEX Ventures, BayernKapital, Clemens Kaiser, SpaceTec Capital, Ingo Baumann
|
| Frontier Aerospace | 5.5 | U.S. | Spacecraft components
|
NA |
| Hydrosat | 5.0 | U.S. / Lux. | Remote sensing | Cultivation Capital, Expon Capital, Freeflow Ventures, Industrious Ventures, Social Venture Fund, Synovia Capital, Techstars, The Yield Lab
|
| ClearSpace | 4.3 | Switzerland | Orbit services | Dedicated, Graph Ventures, Swisscom Ventures, The Flying Object, Urania Ventures
|
| PlanetWatchers | 3.5 | U.K. | Remote sensing – downstream | Creative Ventures, Ridgeline Partners, Seraphim Capital, Trendlines Group
|
| Spotr.ai | 3.0 | Netherlands | Remote sensing — downstream | Concrete Venture Capital, InnovationQuarter, Volta Ventures
|
| Atomos Space | 2.1 | U.S. | Orbit services | Revolution, Techstars, Creative Destruction Lab, Matchstick Ventures
|
| GalaxEye | N/A | India | Remote sensing
|
Speciale Invest |
| Scepter | N/A | U.S. | Remote sensing | L37 Venture Partners, Table Rock Infrastructure Partners
|
| Speqtral Quantum Technologies | N/A | U.S. |
Satcomm |
Techstars, Techstars Space Accelerator
|
| SCOUT | N/A | U.S. | SDA | Techstars, Techstars Space Accelerator
|
| Navars Edutech | N/A | India | Other (education) | Faad Network |
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.
