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

by Raphael Roettgen

Photo by NASA on Unsplash.

Two dozen rounds including yet another space company merger with a SPAC – October was a good month on the space financing front. Close to home, at E2MC Ventures we are thrilled to appear twice on this month’s table, supporting both Space Perspective and Satellite Vu.

On the M&A front, 51% of publicly-listed Israeli satcomm company Spacecom were sold to Hungarian 4iG, and Rocket Lab acquired software company Advanced Solutions.

Reminder: if you are following the new space sector and are looking for a concise introduction to its trends, main business activities, and possible outlook (and happen to speak German!) you may be interested in my book I recently published with Spacewatch.Global – you can check it out here.

CompanyUS$mCountrySubsectorInvestors
Terran Orbital396.0

(SPAC – cash in trust & PIPE)

U.S.Spacecraft hardware

 

AE Industrial Partners, Beach Point Capital, Daniel Staton, Lockheed Martin, Fuel Venture Capital, Francisco Partners

 

ABL Space Systems200.0U.S.LaunchT. Rowe Price, Fidelity Management, Venrock, New Science Ventures, Lynett Capital, Lockheed Martin Ventures, others

 

Space Perspective40.0U.S.Space tourism1517 Fund, Base Ventures, E2MC Ventures, Explorer 1 Fund, Kirenaga Partners, LightShed Ventures, Prime Movers Lab, SpaceFund, Tony Robbins, Yamauchi-No.10 Family Office

 

Beijing Aerospace Satelliteherd30.0ChinaDiversifiedOrient Securities, Peak Valley Capital, Tianga Haitang Fund, Future Capital, Yinxinggu Capital

 

AiDash27.0U.S.Remote sensing – downstreamBenhamou Global Ventures, G2VP, National Grid Partners

 

Satellite Vu20.7UKRemote sensingA/O PropTech, Draper Esprit, E2MC Ventures, National Science Foundation, Ridgeline Ventures, Seraphim Capital, Stellar Solutions

 

Hedron17.8U.S.SatcommExplorer 1 Fund, Fine Structure Venture, Flybridge, Lime Street Ventures, Lockheed Martin Ventures, NKM Capital, Republic Capital, Space Angels, The Engine, The Yard Ventures

 

Muon Space10.0U.S.Remote sensingCostanoa Ventures, Space Capital, Congruent VC, Ubiquity Ventures, South Park Commons, and Climactic VC

 

Infostellar6.2JapanSatcomm (ground)Space Frontier Fund, Mitsubishi, ITOCHU, Next New Business and Technologies I Limited Partnership, Mizuho Growth Fund No.4

 

Fixposition6.0SwitzerlandGNSSMomenta, True Ventures, Hasler Stiftung, Miracle Plus, Cultivation Capital, G&M Capital

 

Kuva Space4.9FinlandRemote sensingVoima Ventures, Nordic FoodTech Venture Capital, ESA InCubed, VTT Technical Research Centre of Finland

 

Sust Global3.2UKRemote sensing – downstreamHambro Perks, Vala Capital, Powerhouse Ventures, Thirdstream Partners, others

 

Dhruva Space2.9IndiaSpacecraft hardwareBlue Ashva Capital, IAN Fund

 

Attentive2.0IndiaRemote sensing – downstreamAbhishek Khurana, Info Edge ventures, Pavitar Singh, Redstart Labs

 

Farmbot Monitoring Solutions2.0AustraliaSatcomm (IoT)Telstra, Macdoch Ventures, Follow the Seed, others

 

TrustPoint2.0U.S.GNSSDCVC

 

Sidereus Space Dynamics1.7ItalyLaunchCDP Venture Capital, Primo Ventures

 

Spaced Ventures1.2U.S.Crowdfunding platformWorldQuant Ventures LLC, Alex Fisher

 

Sofant Technologies1.2UKSatcommBritish Business Bank, NetScientific

 

CarbonSpaceTech1.0GermanyRemote sensingRockstart, The Yield Lab Europe

 

CSX Carbon0.7UKRemote sensing – downstream

 

Maughan Capital

 

Kayhan Space40.6U.S.SDAOverline, Techstars, Dylan Taylor

 

Space Crystals0.2U.S.LunarN/A

 

iSpaceN/AJapanLunarAirbus Ventures, Axiom Asia Private Capital

 

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.

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