HOUSTON (SpaceFund PR) — SpaceFund Inc., announced it has fully deployed investments from its first “LaunchPad” fund today. The venture capital firm placed investor funds in 14 companies, including both some well-known NewSpace stars, as well as seeding rising stars it believes capable of helping lead humanity into the frontier of space.
“We’re right on track in our plan to seed and support the growth of these amazing companies,” said SpaceFund founder Rick Tumlinson. “Our formula is working. First we find brilliant frontier tech startups in need of early funding, then we bring in funds from visionary investors, and after significant diligence, we place those funds in just the right places to power the space revolution.”(more…)
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