Dallas · Seed–Late Stage · 11 people tracked
Also known as Balerion Space Ventures (Onshore · BALERION SPACE VENTURES MANAGEMENT, LLC
Investment thesis
Balerion Space Ventures backs companies building the new space economy. Its multi-disciplinary team brings together aerospace engineering and institutional investing experience, and has been investing together in space technology for nearly five years across more than 24 companies. The firm leverages expertise spanning venture capital, capital markets, and space technology.
Source: firm website, verified Aug 25, 2026.
Team · 11 people
from the firm's website
What they invest in
from 28 of 37 portfolio companiesHardware ×18Space Tech ×18Deep Tech ×17Defense Tech ×9Advanced Manufacturing ×5AI & Machine Learning ×4Robotics ×4Energy ×3
HQs:United States×21United Kingdom×1Netherlands×1
Who they back
founder profiles across 19 portfolio companiesFounding team size:solo founder×82 founders×73 founders×24+ founders×2
Where their founders worked beforefrom 11 founders with career history
SpaceX ×3Founders Fund ×2
Investments · 37 tracked
founders shown can be your intro pathBy year:2026 · 32025 · 12024 · 22016 · 17 dated
Anduril builds autonomous systems and software for defense and military applications, including attack aviation, unmanned aircraft, and underwater vehicles, unified by an autonomy platform.
AI & Machine LearningDefense TechHardwareRobotics
Palmer Luckey(Founder)Brian Schimpf(CEO)inTrae Stephens(Founder)in
Co-investors137 Ventures1Flourish Capital8VCAltra VentureAndreessen HorowitzAnorak Ventures+82 more
Antares Industries develops nuclear reactor technology, with teams spanning nuclear, reactor hardware, and mission engineering as well as manufacturing and regulatory operations.
Advanced ManufacturingCleantechDeep TechDefense TechEnergyParker, US
Jordan Bramble(Founder)inJulia DeWahl(Founder)Rian Bahran(Chief Nuclear Officer)Mark Massie(Chief Engineer)DONALD G MACK(Executive Officer, Director)
Co-investorsAtacama VenturesBoxGroupCaffeinated CapitalHumba VenturesIndustrious VenturesParadigm+7 more
AnySignal builds a software-defined, full-stack RF platform providing communications, radar, and sensing across space, land, air, and sea domains.
Defense TechHardwareSpace TechEl Segundo, US
Ricardo Medina(Founder)Ricky Medina(Founder)John Malsbury(Executive Officer, Director, Promoter)Ricardo Andres Medina(Executive Officer, Director)Jeffrey Osborne(Executive Officer, Director, Promoter)
BoardArthur Karell(Director)in
Co-investorsAcequia Capital (AceCap)Beyond CapitalBlueYard CapitalUpfront VenturesFirst InMana Ventures
Apex manufactures productized satellite bus platforms at scale for constellation deployment and critical missions.
Advanced ManufacturingDefense TechHardwareSpace TechLos Angeles, US
Ian Cinnamon(Co-Founder & Chief Executive Officer)inMax Benassi(Co-Founder & Chief Technology Officer)in
Co-investorsAndreessen HorowitzCRV (Charles River Ventures)Embedded VenturesGlynn Capital ManagementJ2 VenturesKohala Ventures+11 more
Dawn Aerospace builds space transportation infrastructure including flight-proven green chemical satellite propulsion systems, in-space refueling capabilities, and a reusable spaceplane.
Deep TechHardwareSpace TechDelft, NL
Stefan PowellJeroen WinkJames Powell(Founder)inRobert WernerTobias Knop
Co-investorsAera VCGlobal BrainANA Future Frontier Fund
Co-investorsFocal Ventures
Co-investorsAntiArctic DigitalCastle Island VenturesIneffable VenturesLakeside CapitalLux Capital+5 more
Fabri operates a software-defined, technology-enabled foundry that produces investment castings for applications such as jet engines, AI data center turbines, and missiles.
Advanced ManufacturingAI & Machine LearningDefense TechHardwareBoston, US
Steven Davis(Chief Executive Officer and President of Issuer)Thomas Cole(Secretary and Treasurer)
BoardAlex Poulin(Director)in
Co-investorsTenon VenturesLavrock Ventures
Digital HealthStudio City, US
Co-investorsTechstarsEarthrise VenturesMitsui & CoMUFGQatar Investment AuthoritySpace Capital
Impulse Space develops in-space mobility infrastructure and spacecraft, enabling transportation and logistics between Earth orbit, the Moon, and Mars.
Deep TechDefense TechSpace TechRedondo Beach, US
Tom Mueller(Founder & CEO)Thomas Mueller(Founder)inEric Romo(Executive Officer, Director)Margaret Abernathy(Executive Officer)
BoardMichael Linse(Director)inJohn William Raymond(Director)
Co-investors137 VenturesAlumni VenturesArctic DigitalBanner VCBasecamp FundBeyond Earth Ventures+12 more
Kinetic provides smart injury reduction technology integrated into workers' compensation policies, using wearable devices and AI-powered analytics to reduce workplace injuries and manage claims more effectively.
EdTechFintechHealthtechInsurTechIoTNew York City, US
Haytham Elhawary(Founder & CEO)in
Co-investorsCity LightCrosslink CapitalR/GA VenturesSIP Global PartnersSoundboard Venture FundTechstars+7 more
Kinetic builds hardware, robotics, and AI systems for automotive repair, helping service providers diagnose and repair modern vehicles with precision and speed.
AI & Machine LearningHardwareRoboticsCosta Mesa, US
Sander Marques(Founder)in
Co-investorsAutomotive Ventures MobilityConstruct CapitalMenlo VenturesAutomotive VenturesHaystackLux Capital
Kinetic is a decentralized exchange (DEX) on the Solana blockchain that lets users swap and trade over one million tokens with routing algorithms for efficient pricing and fast execution.
Crypto & Web3Fintech
Co-investorsAbstract VenturesAutomotive VenturesConstruct CapitalHaystackLiberty Mutual Strategic VenturesLux Capital
Lunar Outpost builds robotic infrastructure, lunar rovers, and space resource systems to support human exploration and commerce on the Moon and other planetary bodies.
Deep TechHardwareRoboticsSpace TechGolden, US
Andrew Gemer(Executive Officer)Forrest Meyen(Co-Founder & CSO)Julian Cyrus(Co-Founder & COO)Justin Cyrus(Founder & CEO)AJ Gemer(Co-Founder & CTO)
BoardDaniel Kleinmann(Director)in
Co-investorsAurelia FoundryBeyond Earth VenturesEniac VenturesIndustrious VenturesSpace CapitalType One Ventures+3 more
Lynk Global provides direct-to-device satellite connectivity to mobile phones without requiring ground infrastructure.
Space Tech
Tyghe Speidel(Co-Founder and CTO)in
Co-investorsBlazar Ventures, LLCFlucas VenturesOne Way VenturesStarbridge Venture Capital LlcTime Zero CapitalBrewer Lane Ventures+3 more
Machina Labs builds and operates software-defined factories using AI-guided robotics to manufacture complex metal structures and components from digital designs.
Advanced ManufacturingAI & Machine LearningRoboticsChatsworth, US
Edward Mehr(Executive Officer, Director)Babak Raeisi Nia(Executive Officer, Director)
BoardPeter Lee(Director)Scott Brady(Director)inSam Smith-Eppsteiner(Director)in
Co-investorsAIX VenturesAtento CapitalCadron Capital PartnersCongruent VenturesHelium-3 VenturesPredictive VC+10 more
Magdrive develops high-thrust electric plasma propulsion systems for satellites and spacecraft, aimed at operators running missions in low Earth orbit and deep space.
Deep TechHardwareSpace TechLondon, GB
Mark Stokes(CEO)inThomas Clayson(CTO)in
Co-investorsEntrepreneur FirstAlumni VenturesFounders FundOutsized Venturesredalpine
Magdrive develops high-thrust electric plasma thruster propulsion systems for satellites and spacecraft operating in low Earth orbit and deep space.
Deep TechHardwareSpace Tech
Co-investors7percent Ventures
Varda industrializes low Earth orbit by manufacturing pharmaceuticals and other specialized products in space, then returning them to Earth via reusable reentry capsules.
BiotechDeep TechSpace TechEl Segundo, US
Will Bruey(Founder)inDelian Asparouhov(Founder)in
Co-investorsAlso CapitalCaffeinated CapitalFounders FundKhosla VenturesLux CapitalGeneral Catalyst+25 more
Northwood provides end-to-end ground infrastructure for space missions, from concept through deployment to live data delivery.
Deep TechHardwareSaaSSpace Tech
Shaurya Luthra(Cofounder)
Co-investorsAlpine Space VenturesAlso CapitalAndreessen HorowitzAurelia FoundryFulcrum VentureHumba Ventures+6 more
Phantom Space Corporation builds small satellite launch vehicles and satellites, along with its Phantom Cloud data-center constellations, to provide launch and in-space delivery services.
Deep TechHardwareSpace TechTucson, US
James Cantrell(Executive Officer, Director)Michael D'Angelo(Executive Officer, Director)Michal Prywata(Executive Officer)
Co-investors4D CapitalChenel Capital Partners
Radian Aerospace is developing fully reusable spaceflight vehicles, including Radian One, a single-stage-to-orbit mission platform for routine access to Low Earth Orbit, and R3V, a reusable reentry capsule for hypersonic testing and rocket cargo.
Deep TechHardwareSpace TechRenton, US
Curtis Gifford(Chief Financial Officer, Chief Operating Officer, & Co-Founder)inRichard Humphrey(Chief Executive Officer & Co-Founder)inLivingston Holder(Chief Technology Officer & Co-Founder)inJeff Feige(Chief Revenue Officer & Co-Founder)in
Co-investorsAdvection Growth CapitalEvolution VC PartnersFine Structures VenturesHCVCHelios CapitalHemisphere Ventures LLC+4 more
Samara Aerospace designs and builds high-performance satellite platforms featuring the Hummingbird satellite bus, which combines pointing stability, agility, and power generation in a compact form for commercial, civil, and national security missions.
Deep TechHardwareSpace TechSuperior, US
Patrick Haddox(Founder)Vedant(Founder)
Co-investorsIllinois VenturesTamiami AngelTechstarsTenon Ventures
SkyFi operates a platform that provides access to satellite imagery and Earth observation analytics from multiple providers through a single, user-friendly interface with transparent pricing.
Data & InfrastructureDeep TechDefense TechSaaS
Luke Fischer(Founder)in
Co-investorsBeyond Earth VenturesBuoyant Ventures Management, LlcCapital FactoryIronGate Capital AdvisorsJ2 VenturesSeraphim Space+2 more
Space Kinetic develops the Whirlwind platform, a system that deploys micro-payloads from a host spacecraft at high velocities without using a thruster by decoupling propulsion from the payload.
Deep TechHardwareSpace Tech
Co-investorsIndustrious VenturesUP PartnersBackswing VenturesCerraCap Ventures
Burlingame, US
SAURAV SHROFF(Executive Officer, Director)MIHIR VIJAY GONDHALEKAR(Director)Saurav Shroff(Founder)in
BoardROHAN PUJARA(Director)in
Co-investorsCrucible CapitalFusionGoAhead VenturesHummingbird VenturesValhalla Ventures8VC+3 more
Stoke Space develops fully reusable rockets for space transportation and mobility services.
Advanced ManufacturingDeep TechHardwareSpace TechSeattle, US
Andy Lapsa(Founder)inTom Feldman(Founder)inKelly Hennig(Executive Officer)
BoardChristian Garcia(Director)inPhil Harris(Director)inMorgan Beller(Director)in
Co-investorsAcequia Capital (AceCap)Aurelia FoundryBeyond CapitalBeyond Earth VenturesBreakthrough Energy VenturesCross Culture Ventures+27 more
Ursa Major develops flight-proven aerospace and defense systems, including hypersonic engines, solid rocket motors, and space mobility solutions for military and defense applications.
Defense TechHardwareSpace TechBerthoud, US
Joe Laurienti(Founder)Dan Jablonsky(CEO)
Co-investorsAlpha EdisonAtento CapitalBrave CapitalEclipse VenturesHarpoon VenturesIndustrious Ventures+6 more
Valar Atomics is developing and scaling high-temperature gas nuclear reactors for grid-independent applications including hydrogen production, data center power, and clean hydrocarbon fuel production.
CleantechDeep TechEnergySan Rafael, US
Isaiah Taylor(Founder & CEO)in
Co-investorsAlleyCorpBalaji SrinivasanBVVCContraryCRESCENT COVE CAPITALCrosscut Ventures+8 more
Vast develops commercial space stations and in-orbit infrastructure, including Haven-1 (a crewed low Earth orbit station) and its Haven Demo testbed, using an incremental, in-house hardware manufacturing approach.
Deep TechHardwareSpace TechLong Beach, US
Max Haot(CEO)
Co-investorsGeodesic CapitalOutliers FundIn-Q-Tel
Zeno develops nuclear batteries that convert heat from decaying radioisotopes into electricity for extended-duration applications in space and deep-sea environments where conventional power sources are inadequate.
Deep TechDefense TechEnergyHardwareSpace Tech
Tyler Bernstein(Founder & CEO)in
Co-investors7percent VenturesAIN VenturesBeyond Earth VenturesDCVC (Data Collective)Evolution VC PartnersHanaco Venture Capital+9 more
Portfolio news
latest coverage across their companiesMachina Labs · businessinsider.com · Aug 17, 2026
Haven · hartfordbusiness.com · Aug 14, 2026
Anduril · bloomberg.com · Aug 10, 2026
Kinetic · 24-7pressrelease.com · Aug 6, 2026
Antares · govconwire.com · Jul 28, 2026
Lunar Outpost · payloadspace.com · Jul 24, 2026
Kinetic · marketsmojo.com · Jul 18, 2026
Frequently asked questions
- How many investments has Balerion Space Ventures made?
- Balerion Space Ventures has 31 tracked investments, including 2 dated in the last 24 months.
- What stage does Balerion Space Ventures invest at?
- Balerion Space Ventures invests at the Seed, Series A, Series B, Series C, Late Stage stages.
- What sectors does Balerion Space Ventures focus on?
- Balerion Space Ventures focuses on Space Tech.
- Where is Balerion Space Ventures located?
- Balerion Space Ventures is headquartered in Dallas, US.
- Who does Balerion Space Ventures co-invest with?
- Balerion Space Ventures most often shares deals with Industrious Ventures, Beyond Earth Ventures, Space Capital, among 151 tracked co-investors.
Media · Podcasts & interviews
featuring the teamPhil Scully, Balerion Space Ventures | The Jeff Crilley Show
The Jeff Crilley Show · Phil Scully
Images
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