Woman-led venture capital firm funds early-stage mission driven space technologies, leveraging unique technical and due diligence expertise in the aerospace sector.
PALO ALTO, Calif. (Stellar Ventures PR) — Stellar Ventures launched its first fund, SV Andromeda Fund LP, which recently held its final closing with over $23M in capital commitments and the mission to invest in the future of space technology. Drawing on the extensive network and technical expertise of aerospace engineering partner Stellar Solutions, Inc., Stellar Ventures is uniquely positioned to identify leading terrestrial and orbital space technology companies in early growth stages.
Investing in space start-ups reached nearly $15-billion in 2021 (Bryce Tech, 2022). The roughly $350-billion global space market could surge to over $1 trillion by 2040 according to Morgan Stanley’s Space Team estimate with strategic public-private partnerships producing innovative, integrated solutions.(more…)
- Parabolic Arc
- July 7, 2022