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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, 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 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 2017 it is based in New York City. 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>{{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="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>


==History==
==History==
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>
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>


In 2017, Space Capital<ref name=":12" /><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}}</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> The firm has since 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>
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>
 
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>


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" />
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>


== Publications ==
== 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.<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>
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>
On March 18, 2020, Space Capital and SIlicon Valley Bank published a report called "The GPS Playbook",<ref>{{Cite news |date=March 18, 2020 |title="The GPS Playbook" by Space Capital and Silicon Valley Bank Forecasts Emerging Opportunities for Investors Based on Trillion |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 |newspaper=Bloomberg.com}}</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 |date=March 18, 2020 |title="The GPS Playbook" by Space Capital and Silicon Valley Bank Forecasts Emerging Opportunities for Investors Based on Trillion Dollar Space-Based Technology |url=https://apnews.com/press-release/pr-businesswire/84a491fb49c344b684c3d1414029447e |website=[[Associated Press]]}}</ref>
In an investment trends report published in January 2025, Space Capital anticipated the year would be transformative and that Boeing and Airbus would divest their space divisions.


==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.