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==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}}
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.<ref>{{Cite web |last=Jewett |first=Rachel |date=2022-12-15 |title=NewSpace Capital Closes its First Space-Focused Growth Fund |url=https://www.satellitetoday.com/business/2022/12/15/newspace-capital-closes-its-first-space-focused-growth-fund/ |access-date=2023-06-19 |website=Via Satellite |language=en}}</ref>{{cn|date=July 2021}}


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'|date=January 16, 2020 }}</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>
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'|date=January 16, 2020 }}</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>

Revision as of 11:26, 19 June 2023

Template:Short description Template:Use mdy dates Template:Infobox company

Space Capital LP is an early-stage venture capital firm that invests exclusively in space-based technologies.[1][2] Formed in 2016,[3] and based in New York City,[4] 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.[4][5][6][7]

History

Space Capital was founded by Chad Anderson in 2017 in New York City, with Tom Ingersoll joining as a Partner.[8][9] Space Capital launched its first fund of $16 million in 2017.[10]Template:Cn

Space Capital began publishing a quarterly update on space startup and investment activity in 2017, which coined the 2010s as the entrepreneurial space age.[11][12][13] The report has been cited by the United States Secretary of Commerce[14] and by the Vice President of the United States at the sixth meeting of the National Space Council.[15]

On March 18, 2020, Space Capital and SIlicon Valley Bank published a report called “The GPS Playbook”,[16] which forecasted emerging opportunities for investors in three high-growth fields over the coming decade: GPS, geospatial intelligence and space-based communications.[17] 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.[18]

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.[7][6]

Investments

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.[18][19][20]

See also

References

  1. ↑ "Space Angels Rebrands as Space Capital - Via Satellite -". May 5, 2020. 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. ↑ "Sec Form D/A". https://www.sec.gov/Archives/edgar/data/1722993/000172299319000001/xslFormDX01/primary_doc.xml. 
  4. ↑ 4.0 4.1 "The US government is helping get cash to private space companies, replacing frozen venture capital". April 24, 2020. https://www.cnbc.com/2020/04/24/us-government-getting-cash-to-private-space-companies-replacing-venture-capital.html. 
  5. ↑ "The Most Active Space Tech Investors". May 2, 2017. https://www.cbinsights.com/research/top-space-tech-startup-investors/. 
  6. ↑ 6.0 6.1 "Space Angels Announces Branding Realignment and New $50 Million Venture Capital Fund". https://finance.yahoo.com/news/space-angels-announces-branding-realignment-110000920.html. 
  7. ↑ 7.0 7.1 Template:Cite press release
  8. ↑ "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. 
  9. ↑ "Tom Ingersoll Joins Space Capital Partners, Which is Targeting $50m for First Venture Fund | Investment News | Trusted Insight". https://www.thetrustedinsight.com/investment-news/tom-ingersoll-joins-space-capital-partners-which-is-targeting-50m-for-first-venture-fund-20171120627/. 
  10. ↑ Jewett, Rachel (2022-12-15). "NewSpace Capital Closes its First Space-Focused Growth Fund" (in en). https://www.satellitetoday.com/business/2022/12/15/newspace-capital-closes-its-first-space-focused-growth-fund/. 
  11. ↑ "Space Angels' Chad Anderson on entering a new decade in the 'entrepreneurial space age'". January 16, 2020. https://social.techcrunch.com/2020/01/16/space-angels-chad-anderson-on-entering-a-new-decade-in-the-entrepreneurial-space-age/. 
  12. ↑ 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. 
  13. ↑ 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. 
  14. ↑ "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. 
  15. ↑ "VP Pence participates in National Space Council meeting". YouTube. 2019-08-20. https://www.youtube.com/watch?v=edZJDV0ULcg. Retrieved on 2020-06-06. 
  16. ↑ ""The GPS Playbook" by Space Capital and Silicon Valley Bank Forecasts Emerging Opportunities for Investors Based on Trillion". Bloomberg.com. March 18, 2020. 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. 
  17. ↑ ""The GPS Playbook" by Space Capital and Silicon Valley Bank Forecasts Emerging Opportunities for Investors Based on Trillion Dollar Space-Based Technology". March 18, 2020. https://apnews.com/press-release/pr-businesswire/84a491fb49c344b684c3d1414029447e. 
  18. ↑ 18.0 18.1 "The GPS Playbook". https://www.svb.com/trends-insights/reports/the-gps-playbook. 
  19. ↑ "Investor Interview with Chad Anderson of Space Capital — Mindset Startup Academy". https://mindsetacademyondemand.com/mindset-interview-archive/space-capital. 
  20. ↑ Template:Cite press release