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{{Short description|American early-stage venture capital firm}}
'''Space Capital LP''' is an early-stage venture capital firm that invests exclusively in [[Space technologies|space-based technologies]].<ref name="satellite 2020">{{cite web|author=Rachel Jewett|url=https://www.satellitetoday.com/business/2020/05/05/space-angels-rebrands-as-space-capital/|title=Space Angels Rebrands as Space Capital |work=Satellite Today|date=May 5, 2020}}</ref><ref>{{cite web|url=https://podcasts.apple.com/us/podcast/the-space-capital-podcast/id1281847844|title = The Space Capital Podcast on Apple Podcasts| date=April 18, 2023 }}</ref> Formed in 2012, it is based in New York City. Originally known as Space Angels, it adopted the Space Capital name in 2020.<ref>{{cite news |last=Jewett |first=Rachel |title=Space Angels Rebrands as Space Capital |work=Via Satellite |date=May 5, 2020 |url=https://www.satellitetoday.com/business/2020/05/05/space-angels-rebrands-as-space-capital/}}</ref><ref>{{cite web |title=Form ADV – Space Capital |publisher=U.S. Securities and Exchange Commission (Investment Adviser Public Disclosure) |date=March 23, 2026 |url=https://adviserinfo.sec.gov/firm/summary/287867 |id=CRD No. 287867}}</ref>
{{Use mdy dates|date=January 2013}}
{{Infobox company
| name = Space Capital LP
| logo = File:Space Capital Logo.png
| type = Private
| industry = [[Venture Capital]]
| fate =
| predecessor = <!-- or: | predecessors = -->
| successor = <!-- or: | successors = -->
| founded = 2017<!-- if known: {{Start date and age|YYYY|MM|DD}} in [[city]], country -->
| founder = Chad Anderson<!-- or: | founders = -->
| defunct = <!-- {{End date|YYYY|MM|DD}} -->
| hq_location_city = [[New York City|New York]]
| hq_location_country = United States
| area_served = <!-- or: | areas_served = -->
| key_people = [[Chad Anderson (businessman)|Chad Anderson]], Tom Ingersoll
| products = [[Investments]]
| owner = <!-- or: | owners = -->
| num_employees =
| num_employees_year = <!-- Year of num_employees data (if known) -->
| parent =
| website = {{URL|www.spacecapital.com}}
}}
 
'''Space Capital LP''' is an early-stage venture capital firm that invests exclusively in [[Space technologies|space-based technologies]].<ref>{{cite web|url=https://www.satellitetoday.com/business/2020/05/05/space-angels-rebrands-as-space-capital/|title=Space Angels Rebrands as Space Capital - Via Satellite -|date=May 5, 2020}}</ref><ref>{{cite web|url=https://podcasts.apple.com/us/podcast/the-space-capital-podcast/id1281847844|title = The Space Capital Podcast on Apple Podcasts}}</ref> Formed in 2016,<ref>{{cite web|url=https://www.sec.gov/Archives/edgar/data/1722993/000172299319000001/xslFormDX01/primary_doc.xml|title = Sec Form D/A}}</ref> and based in New York City,<ref name="autogenerated1">{{cite web|url=https://www.cnbc.com/2020/04/24/us-government-getting-cash-to-private-space-companies-replacing-venture-capital.html|title = The US government is helping get cash to private space companies, replacing frozen venture capital|website = [[CNBC]]|date = April 24, 2020}}</ref> Space Capital is the parent brand of [[Space Angels]], an online [[angel investment]] platform, and Space Talent, a career platform and central node for space industry jobs.<ref name="autogenerated1"/><ref>{{cite web|url=https://www.cbinsights.com/research/top-space-tech-startup-investors/|title=The Most Active Space Tech Investors|date=May 2, 2017}}</ref><ref name="yahoo1">[https://finance.yahoo.com/news/space-angels-announces-branding-realignment-110000920.html ]{{dead link|date=February 2022}}</ref><ref name="businesswire1">{{cite web|url=https://www.businesswire.com/news/home/20200505005206/en/Space-Angels-Announces-Branding-Realignment-New-50|title = Space Angels Announces Branding Realignment and New $50 Million Venture Capital Fund|date = May 5, 2020}}</ref>


==History==
==History==
Space Capital was founded by Chad Anderson in 2017 in New York City, with Tom Ingersoll joining as a Partner.<ref>{{cite web|url=https://www.hbs.edu/faculty/Pages/item.aspx?num=55897|title = Space Angels, Multiple Equilibria, and Financing the Space Economy - Case - Faculty & Research - Harvard Business School}}</ref><ref>{{cite web|url=https://www.thetrustedinsight.com/investment-news/tom-ingersoll-joins-space-capital-partners-which-is-targeting-50m-for-first-venture-fund-20171120627/|title = Tom Ingersoll Joins Space Capital Partners, Which is Targeting $50m for First Venture Fund &#124; Investment News &#124; Trusted Insight}}</ref> Space Capital launched its first fund of $16 million in 2017.{{cn|date=July 2021}}
Originally founded in 2007 as an angel investor network, the firm's scale was limited by its informal structure.<ref name=":1">{{Cite web |title=Space Angels, Multiple Equilibria, and Financing the Space Economy - Case - Faculty & Research - Harvard Business School |url=https://www.hbs.edu/faculty/Pages/item.aspx?num=55897 |access-date=2024-04-08 |website=www.hbs.edu}}</ref> In 2012, Chad Anderson became CEO and by 2015 transitioned Space Angels away from the decentralized investing model typical of angel networks.<ref name=":1" /> In 2015, Anderson re-founded the company and launched its first [[Special-purpose entity|special purpose vehicle (SPV)]] fund.<ref name=":1" /><ref>{{Cite web |last=Segran |first=Elizabeth |date=2017-01-01 |title=Four Out-Of-This-World Predictions For The Space Industry In 2017 |url=https://www.fastcompany.com/3066520/four-out-of-this-world-predictions-for-the-space-industry-in-2017 |website=Fast Company}}</ref><ref>{{Cite web |last=Jao |first=Carren |date=2014-10-16 |title=Meet the Entrepreneurs at the Forefront of the Space Race |url=https://www.entrepreneur.com/living/meet-the-entrepreneurs-at-the-forefront-of-the-space-race/237409 |access-date=2024-04-08 |website=Entrepreneur |language=en}}</ref>


Space Capital began publishing a quarterly update on space startup and investment activity in 2017, which coined the 2010s as the entrepreneurial space age.<ref>{{cite web|url=https://social.techcrunch.com/2020/01/16/space-angels-chad-anderson-on-entering-a-new-decade-in-the-entrepreneurial-space-age/|title=Space Angels' Chad Anderson on entering a new decade in the 'entrepreneurial space age'}}</ref><ref>{{cite web|url=https://www.cnbc.com/2017/11/01/space-angels-space-has-attracted-over-2-billion-this-year.html|title=Space companies are receiving billions from venture backers, report says|first=Michael|last=Sheetz|date=November 1, 2017|website=CNBC}}</ref><ref>{{cite web|url=https://www.businessinsider.com/space-angels-report-dawn-private-spaceflight-age-26-billion-invested-2020-1|title=10 years ago, the world laughed at private space companies. $25.7 billion later, a new report claims we are at the 'dawn of the entrepreneurial space age.'|first=Dave|last=Mosher|website=Business Insider}}</ref> The report has been cited by the [[United States Secretary of Commerce]]<ref>{{cite web|url=https://www.commerce.gov/news/speeches/2019/10/remarks-commerce-secretary-wilbur-l-ross-space-startup-summit|title=Remarks by Commerce Secretary Wilbur L. Ross at the Space Startup Summit|website=U.S. Department of Commerce}}</ref> and by the [[Vice President of the United States]] at the sixth meeting of the National Space Council.<ref>{{cite web|url=https://www.youtube.com/watch?v=edZJDV0ULcg |title=VP Pence participates in National Space Council meeting |publisher=YouTube |date=2019-08-20 |accessdate=2020-06-06}}</ref>
In 2017, Space Capital<ref>{{Cite web |title=Tom Ingersoll Joins Space Capital Partners, Which Is Targeting $50m For First Venture Fund {{!}} Investment News {{!}} Trusted Insight |url=https://www.thetrustedinsight.com/investment-news/tom-ingersoll-joins-space-capital-partners-which-is-targeting-50m-for-first-venture-fund-20171120627/ |access-date=2024-04-08 |website=www.thetrustedinsight.com |language=en-US}}{{dead link|date=August 2026}}</ref> launched its first institutional [[venture capital]] fund of $16 million, with Tom Ingersoll joining as partner.<ref>{{Cite web |title=The Space Economy: Capitalize on the Greatest Business Opportunity of Our Lifetime {{!}} Wiley |url=https://www.wiley.com/en-us/The+Space+Economy%3A+Capitalize+on+the+Greatest+Business+Opportunity+of+Our+Lifetime-p-9781119903727 |access-date=2024-04-08 |website=Wiley.com |language=en-us}}</ref> By 2024, the firm had grown to three funds and over $100 million under management.<ref>{{Cite web |last=Anderson |first=Chad |date=2023-04-10 |title=Space Capital launches Fund 3 to continue investing at the intersection of space and tech |url=https://medium.com/space-capital/space-capital-launches-fund-3-to-continue-investing-at-the-intersection-of-space-and-tech-e5bdbfa56b23 |access-date=2024-04-08 |website=Space Capital |language=en}}</ref><ref>{{Cite web |last=Dargan |first=James |date=2023-01-03 |title=Founder & Managing Partner of Space Capital Talks New Investments, Space Stocks & The Outlook for Space Ventures in 2023 |url=https://spaceimpulse.com/2023/01/03/founder-managing-partner-of-space-capital-talks-new-investments-space-stocks-the-outlook-for-space-ventures-in-2023/ |access-date=2024-04-08 |website=Space Impulse |language=en-US}}</ref><ref>{{Cite web |last=Anderson |first=Chad |date=2022-03-16 |title=Space Capital closes $32M for second institutional fund to continue investing at the intersection… |url=https://medium.com/space-capital/space-capital-closes-32m-for-second-institutional-fund-to-continue-investing-at-the-intersection-d5cd0c74832e |access-date=2024-04-08 |website=Space Capital |language=en}}</ref> Their investments are focused on space-based technologies such as GPS, geospatial intelligence, and satellite communications.<ref>{{Cite web |last=Sheetz |first=Michael |date=2023-10-19 |title=Investing in Space: On satellites, the invisible backbone of global industry |url=https://www.cnbc.com/2023/10/19/investing-in-space-satellites-are-the-invisible-backbone-of-industry.html |access-date=2024-04-08 |website=CNBC |language=en}}</ref>


On March 18, 2020, Space Capital and SIlicon Valley Bank published a report called “The GPS Playbook”,<ref>{{Cite news|url=https://www.bloomberg.com/press-releases/2020-03-18/-the-gps-playbook-by-space-capital-and-silicon-valley-bank-forecasts-emerging-opportunities-for-investors-based-on-trillion|title = "The GPS Playbook" by Space Capital and Silicon Valley Bank Forecasts Emerging Opportunities for Investors Based on Trillion|newspaper = Bloomberg.com|date = March 18, 2020}}</ref> which forecasted emerging opportunities for investors in three high-growth fields over the coming decade: [[GPS]], [[geospatial intelligence]] and space-based communications.<ref>{{cite web|url=https://apnews.com/press-release/pr-businesswire/84a491fb49c344b684c3d1414029447e|title="The GPS Playbook" by Space Capital and Silicon Valley Bank Forecasts Emerging Opportunities for Investors Based on Trillion Dollar Space-Based Technology|website=[[Associated Press]]|date=March 18, 2020}}</ref> The report predicted GPS will see new commercial growth and applications through the convergence of space-based signals and computer vision. It also predicted space-based communications and geospatial intelligence could generate $1 trillion of equity value over the next decade.<ref name="autogenerated2">{{cite web|url=https://www.svb.com/trends-insights/reports/the-gps-playbook|title=The GPS Playbook}}</ref>
In 2020, Space Capital formalized its brand architecture with Space Capital as the parent brand and Space Angels (founded in 2007),<ref name="satellite 2020" /> an online angel investment platform, and Space Talent, a career platform and central node for space industry jobs, as its sub-brands.<ref name="businesswire1">{{cite press release|url=https://www.businesswire.com/news/home/20200505005206/en/Space-Angels-Announces-Branding-Realignment-New-50|title = Space Angels Announces Branding Realignment and New $50 Million Venture Capital Fund|publisher=Businesswire|date = May 5, 2020}}</ref>


On May 5, 2020, Space Capital formalized its brand architecture with Space Capital as the parent brand and Space Angels, an online angel investment platform, and Space Talent, a career platform and central node for space industry jobs, as its sub-brands.<ref name="businesswire1"/><ref name="yahoo1"/>
As of 2026, the firm manages over $1 billion in assets across four funds.<ref>{{cite web |title=Form ADV – Space Capital |publisher=U.S. Securities and Exchange Commission (Investment Adviser Public Disclosure) |date=March 23, 2026 |url=https://adviserinfo.sec.gov/firm/summary/287867 |id=CRD No. 287867}}</ref><ref>{{cite web |title=How Nasdaq Is Supporting the Space Economy |publisher=Nasdaq |date=May 4, 2026 |url=https://www.nasdaq.com/newsroom/nasdaq-supporting-space-economy}}</ref><ref>{{cite web |title=Form D: Space Capital IV L.P. |publisher=U.S. Securities and Exchange Commission |date=February 26, 2026 |url=https://www.sec.gov/Archives/edgar/data/2097734/000209773426000001/0002097734-26-000001-index.htm}}</ref>


==Investments==
== Publications ==
Space Capital invests globally in private companies. It specializes in early stage investments in the Space economy and is specifically focused on unlocking the value in Space technology stacks such as [[GPS]], [[Geospatial Intelligence]], and [[Communications satellite|Communications]].<ref name="autogenerated2"/><ref>[https://mindsetacademyondemand.com/mindset-interview-archive/space-capital ]{{dead link|date=February 2022}}</ref><ref>{{cite web|url=https://www.businesswire.com/news/home/20200831005030/en/Space-Talent-Launches-New-Career-Platform-for-Commercial-Space-Industry|title = Space Talent Launches New Career Platform for Commercial Space Industry|date = August 31, 2020}}</ref>
Space Capital began publishing a quarterly update on space startup and investment activity in 2017, which coined the 2010s as the entrepreneurial space age.<ref>{{cite web |date=January 16, 2020 |title=Space Angels' Chad Anderson on entering a new decade in the 'entrepreneurial space age' |url=https://techcrunch.com/2020/01/16/space-angels-chad-anderson-on-entering-a-new-decade-in-the-entrepreneurial-space-age/}}</ref><ref>{{cite web |last=Sheetz |first=Michael |date=November 1, 2017 |title=Space companies are receiving billions from venture backers, report says |url=https://www.cnbc.com/2017/11/01/space-angels-space-has-attracted-over-2-billion-this-year.html |website=CNBC}}</ref><ref>{{cite web |last=Mosher |first=Dave |title=10 years ago, the world laughed at private space companies. $25.7 billion later, a new report claims we are at the 'dawn of the entrepreneurial space age.' |url=https://www.businessinsider.com/space-angels-report-dawn-private-spaceflight-age-26-billion-invested-2020-1 |website=Business Insider}}</ref> The report has been cited by the [[United States Secretary of Commerce]]<ref>{{cite web |title=Remarks by Commerce Secretary Wilbur L. Ross at the Space Startup Summit |url=https://www.commerce.gov/news/speeches/2019/10/remarks-commerce-secretary-wilbur-l-ross-space-startup-summit |website=U.S. Department of Commerce}}</ref> and by the [[Vice President of the United States]] at the sixth meeting of the National Space Council.<ref>{{cite web |date=2019-08-20 |title=VP Pence participates in National Space Council meeting |url=https://www.youtube.com/watch?v=edZJDV0ULcg |accessdate=2020-06-06 |publisher=YouTube}}</ref>


==See also==
==See also==

Latest revision as of 18:53, 29 September 2026

Space Capital LP is an early-stage venture capital firm that invests exclusively in space-based technologies.[1][2] Formed in 2012, it is based in New York City. Originally known as Space Angels, it adopted the Space Capital name in 2020.[3][4]

History

Originally founded in 2007 as an angel investor network, the firm's scale was limited by its informal structure.[5] In 2012, Chad Anderson became CEO and by 2015 transitioned Space Angels away from the decentralized investing model typical of angel networks.[5] In 2015, Anderson re-founded the company and launched its first special purpose vehicle (SPV) fund.[5][6][7]

In 2017, Space Capital[8] launched its first institutional venture capital fund of $16 million, with Tom Ingersoll joining as partner.[9] By 2024, the firm had grown to three funds and over $100 million under management.[10][11][12] Their investments are focused on space-based technologies such as GPS, geospatial intelligence, and satellite communications.[13]

In 2020, Space Capital formalized its brand architecture with Space Capital as the parent brand and Space Angels (founded in 2007),[1] an online angel investment platform, and Space Talent, a career platform and central node for space industry jobs, as its sub-brands.[14]

As of 2026, the firm manages over $1 billion in assets across four funds.[15][16][17]

Publications

Space Capital began publishing a quarterly update on space startup and investment activity in 2017, which coined the 2010s as the entrepreneurial space age.[18][19][20] The report has been cited by the United States Secretary of Commerce[21] and by the Vice President of the United States at the sixth meeting of the National Space Council.[22]

See also

References

  1. ↑ 1.0 1.1 Rachel Jewett (May 5, 2020). "Space Angels Rebrands as Space Capital". Satellite Today. https://www.satellitetoday.com/business/2020/05/05/space-angels-rebrands-as-space-capital/. 
  2. ↑ "The Space Capital Podcast on Apple Podcasts". April 18, 2023. https://podcasts.apple.com/us/podcast/the-space-capital-podcast/id1281847844. 
  3. ↑ Jewett, Rachel (May 5, 2020). "Space Angels Rebrands as Space Capital". Via Satellite. https://www.satellitetoday.com/business/2020/05/05/space-angels-rebrands-as-space-capital/. 
  4. ↑ "Form ADV – Space Capital". U.S. Securities and Exchange Commission (Investment Adviser Public Disclosure). March 23, 2026. https://adviserinfo.sec.gov/firm/summary/287867. 
  5. ↑ 5.0 5.1 5.2 "Space Angels, Multiple Equilibria, and Financing the Space Economy - Case - Faculty & Research - Harvard Business School". https://www.hbs.edu/faculty/Pages/item.aspx?num=55897. 
  6. ↑ Segran, Elizabeth (2017-01-01). "Four Out-Of-This-World Predictions For The Space Industry In 2017". https://www.fastcompany.com/3066520/four-out-of-this-world-predictions-for-the-space-industry-in-2017. 
  7. ↑ Jao, Carren (2014-10-16). "Meet the Entrepreneurs at the Forefront of the Space Race" (in en). https://www.entrepreneur.com/living/meet-the-entrepreneurs-at-the-forefront-of-the-space-race/237409. 
  8. ↑ "Tom Ingersoll Joins Space Capital Partners, Which Is Targeting $50m For First Venture Fund | Investment News | Trusted Insight" (in en-US). https://www.thetrustedinsight.com/investment-news/tom-ingersoll-joins-space-capital-partners-which-is-targeting-50m-for-first-venture-fund-20171120627/. 
  9. ↑ "The Space Economy: Capitalize on the Greatest Business Opportunity of Our Lifetime | Wiley" (in en-us). https://www.wiley.com/en-us/The+Space+Economy%3A+Capitalize+on+the+Greatest+Business+Opportunity+of+Our+Lifetime-p-9781119903727. 
  10. ↑ Anderson, Chad (2023-04-10). "Space Capital launches Fund 3 to continue investing at the intersection of space and tech" (in en). https://medium.com/space-capital/space-capital-launches-fund-3-to-continue-investing-at-the-intersection-of-space-and-tech-e5bdbfa56b23. 
  11. ↑ Dargan, James (2023-01-03). "Founder & Managing Partner of Space Capital Talks New Investments, Space Stocks & The Outlook for Space Ventures in 2023" (in en-US). https://spaceimpulse.com/2023/01/03/founder-managing-partner-of-space-capital-talks-new-investments-space-stocks-the-outlook-for-space-ventures-in-2023/. 
  12. ↑ Anderson, Chad (2022-03-16). "Space Capital closes $32M for second institutional fund to continue investing at the intersection…" (in en). https://medium.com/space-capital/space-capital-closes-32m-for-second-institutional-fund-to-continue-investing-at-the-intersection-d5cd0c74832e. 
  13. ↑ Sheetz, Michael (2023-10-19). "Investing in Space: On satellites, the invisible backbone of global industry" (in en). https://www.cnbc.com/2023/10/19/investing-in-space-satellites-are-the-invisible-backbone-of-industry.html. 
  14. ↑ Template:Cite press release
  15. ↑ "Form ADV – Space Capital". U.S. Securities and Exchange Commission (Investment Adviser Public Disclosure). March 23, 2026. https://adviserinfo.sec.gov/firm/summary/287867. 
  16. ↑ "How Nasdaq Is Supporting the Space Economy". Nasdaq. May 4, 2026. https://www.nasdaq.com/newsroom/nasdaq-supporting-space-economy. 
  17. ↑ "Form D: Space Capital IV L.P.". U.S. Securities and Exchange Commission. February 26, 2026. https://www.sec.gov/Archives/edgar/data/2097734/000209773426000001/0002097734-26-000001-index.htm. 
  18. ↑ "Space Angels' Chad Anderson on entering a new decade in the 'entrepreneurial space age'". January 16, 2020. https://techcrunch.com/2020/01/16/space-angels-chad-anderson-on-entering-a-new-decade-in-the-entrepreneurial-space-age/. 
  19. ↑ Sheetz, Michael (November 1, 2017). "Space companies are receiving billions from venture backers, report says". https://www.cnbc.com/2017/11/01/space-angels-space-has-attracted-over-2-billion-this-year.html. 
  20. ↑ Mosher, Dave. "10 years ago, the world laughed at private space companies. $25.7 billion later, a new report claims we are at the 'dawn of the entrepreneurial space age.'". https://www.businessinsider.com/space-angels-report-dawn-private-spaceflight-age-26-billion-invested-2020-1. 
  21. ↑ "Remarks by Commerce Secretary Wilbur L. Ross at the Space Startup Summit". https://www.commerce.gov/news/speeches/2019/10/remarks-commerce-secretary-wilbur-l-ross-space-startup-summit. 
  22. ↑ "VP Pence participates in National Space Council meeting". YouTube. 2019-08-20. https://www.youtube.com/watch?v=edZJDV0ULcg. Retrieved on 2020-06-06.