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#SpaceWatchGL Venture Space – July 2024

SpaceTech startups raised just over $535m in VC investment globally in July, led by one big investment in each of …

Features News Space Economy Venture Space

SpaceTech startups raised just over $535m in VC investment globally in July, led by one big investment in each of the major spacetech VC ecosystems. The U.S. and China, the two biggest ecosystems for spacetech funding so far this year, each saw one megaround. In the U.S., broadband satellite provider Astranis raised $200m for their Omega constellation, and in China (Jiangsu) Deep Blue Aerospace raised 1b RMB ($139m) for liquid recovery and reuse launch vehicles.

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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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