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#SpaceWatchGL Venture Space – February 2024

If the space-tech industry was lumbering towards the launchpad in January ($475m globally), then February was liftoff: space-tech startups raised …

Features Space Economy Featuring Articles Venture Space

If the space-tech industry was lumbering towards the launchpad in January ($475m globally), then February was liftoff: space-tech startups raised a whopping $1.7b in funding in February.The month was bolstered by a massive $932m public-private investment into China’s Shanghai Spacecom Satellite Technology (SSST), but also featured a $355m investment into RocketLabs (US) and a €85m investment into UnseenLabs (France). These megadeals join 30 smaller deals in a historically strong month for spacetech startups worldwide.

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Connor Sattely

Connor Sattely is an entrepreneur and startup advisor working in startup ecosystems all over the world since 2012. His monthly column for SpaceWatch.Global covers the world of venture capital in spacetech. Based in Amsterdam, he’s passionate about supporting startup founders as they grow and build their dream companies. He has launched startups in Switzerland, Uganda, and the Netherlands, and has advised founders in more than 50 countries. You can sometimes find him around Amsterdam playing the tenor saxophone with one of his bands.

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