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Fund profile

SpaceFund

SpaceFund

Austin, United States

Leading

About

SpaceFund is a Houston-based venture capital firm dedicated to investing in the rapidly expanding space industry. Founded in 2018 by Rick Tumlinson and Meagan Crawford, the firm focuses on identifying and supporting high-growth startups that are leading the "NewSpace" revolution. SpaceFund is committed to fostering innovations that will enable and benefit from humanity's increasing presence in space. The firm's investment strategy is built around its deep industry knowledge and a commitment to rigorous due diligence. SpaceFund targets companies that are involved in various aspects of the space ecosystem, including space transportation, satellite servicing, in-space manufacturing, and AI applications for space. They have a strong emphasis on companies that align with their vision of expanding human activity beyond Earth. Notably, SpaceFund avoids investing in conventional aerospace and prefers opportunities that offer groundbreaking advancements in space technology. SpaceFund has launched several funds, including the BlastOff Fund, which has attracted high-profile investors like Jed McCaleb. This fund is designed to capitalize on the growing momentum in the space industry by supporting startups with significant potential for growth and impact. The SpaceFund team is composed of seasoned experts from both the space and financial sectors, providing a unique blend of technical and business expertise. This enables them to guide their portfolio companies through the complex challenges of the space industry, from early development to successful exits.

Details

Round

Seed
Series A
Venture Round

Previous Investments

Agritech & Farming
AI & Deep Tech
B2B
Communications & Messaging
Data & Analytics
Energy & Utilities
Hardware. Robotics & IoT
Legal & Professional services
Media, Events & Entertainment
Natural Resources
Social media
Software & Apps
Space economy
Transportation & Mobility
Travel & Tourism
VR & AR

Geo focus

USA

Highlights

$8.5M

Historical average check

$41M

Historical max check

July 2023

Last investment date

13

Investments

Transportation & Mobility

Space economy

Hardware. Robotics & IoT

Other

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Website

spacefund.com

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