#SpaceWatchGL Venture Space – June 2024

After a three-month lull, and ahead of the summer venture funding lull, spacetech funding shot up in June, with 25 …
#SpaceWatchGL Venture Space – June 2024

After a three-month lull, and ahead of the summer venture funding lull, spacetech funding shot up in June, with 25 deals worth $737.72m. Together, the first six months of the year total $3.9b venture capital invested into space-tech, setting the industry up for a $7.8b pace on the year. A pair of Chinese startups captured nearly half of overall funding this month, with Beijing Tianbing Technology aka Space Pioneer raising 1.5b RMB ($206.37m) and Mino Space raising 1b RMB ($137.59m).

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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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