Balerion Space Ventures — Full Portfolio

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)DONALD G MACK(Executive Officer, Director)Rian Bahran(Chief Nuclear Officer)Mark Massie(Chief Engineer)

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