Fundraising Fox

SpaceFund

Venture capitaloperating company · company profile

Houston · Pre-Seed–Series A · 8 people tracked

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Investment thesis

SpaceFund targets high-growth markets within the commercial space economy by investing in practical startups building necessary infrastructure, intelligence systems, and operational capability. The firm avoids traditional aerospace but considers space transportation, critical components, and supply chains essential for space operations. The investment thesis emphasizes technological improvements, increased government space budgets, and evolving regulatory environments as drivers of accelerating industry growth. The firm values companies demonstrating resilient business models beyond single government grants or partnerships, seeking those with venture-investable return profiles and genuine market validation.

Source: firm website, verified Aug 7, 2026.

Stage
Pre-Seed–Series A
HQ
Houston, TX, US
Leads rounds
Follows
Instruments
Equity
Founded
2018
Tracked investments
23

Team · 8 people

from the firm's website & public directories
James Mertz· Managing Partnerin𝕏
Andrew Granatstein· Principalin𝕏

Founder mafia

3 people who came through SpaceFund went on to found or lead other companies.

What they invest in

from 20 of 23 portfolio companies

Space Tech ×18Deep Tech ×9Hardware ×9Defense Tech ×6AgTech ×2AI & Machine Learning ×2Data & Infrastructure ×2Advanced Manufacturing ×1

HQs:United States×10United Kingdom×1Vietnam×1

Investments · 23 tracked

founders shown can be your intro path

By year:2021 · 12020 · 12016 · 13 dated

Edengrowsystemsedengrowsystems.com✓ verified

Eden Grow Systems builds modular aeroponic grow towers based on NASA CELSS technology, growing fruits and vegetables without soil and with minimal water for residential to commercial use.

AgTechCleantechFoodTechHouston, US

Bart Womack(Co-founder)Jeff Raymond(Co-founder & COO/CTO)

Axiom Spaceaxiomspace.comin𝕏

Axiom Space develops commercial space stations and provides access to low-Earth orbit microgravity environments for research, manufacturing, and innovation by governments, researchers, and organizations.

Defense TechEdTechHardwareSpace Tech

Dr. Kam Ghaffarian(Executive Chairman)inMichael Suffredini(Founder, former CEO and President)

Co-investors2am VCAlumni VenturesBasecamp FundBeyond Earth VenturesC5 CapitalChenel Capital Partners+20 more

Cognitive Spacecognitivespace.comin𝕏

Cognitive Space develops AI-driven automation software for satellite operations, enabling constellation operators to scale while meeting operational requirements.

AI & Machine LearningDefense TechSaaSSpace TechHouston, US

Marc Bell(Co-Founder and CEO)Guy de Carufel(CEO & Founder)Dax Garner(CTO)Jeff Edwards(VP of Engineering)Hanna Steplewska(Executive Officer, Director)Jennifer Roberts(Director)in

Co-investorsCapital InnovatorsCreative Destruction Lab (CDL)Draper AssociatesGlasswing VenturesGrit VenturesGutbrain Ventures+6 more

Cosmic Shieldingcosmicshielding.comApr 2021

Cosmic Shielding develops radiation shielding technology to protect space hardware, from advanced electronics such as commercial GPUs to systems supporting human life, enabling the reliable use of commercial off-the-shelf components in space.

Deep TechEnergyHardwareSpace TechAtlanta, US

Yanni Barghouty(Co-Founder & CEO)Lembit Sihver(Co-Founder & CTO)Michael Ghadaksaz(Chief Product Officer)

Co-investorsActuate VenturesHelios CapitalOutsidersStarbridge Venture Capital LlcWorldQuant VenturesType One Ventures

Hydrosathydrosat.comin

Hydrosat converts satellite and ground data into actionable information for sustainable agriculture and water management.

AgTechAI & Machine LearningClimate TechData & InfrastructureSpace TechWashington, US

Pieter Fossel(CEO)Scott Alan Soenen(Executive Officer)Alan Royce Dalby(Executive Officer, Director)Yun Jin Kim(Executive Officer)

BoardAndrew Robert Dearing(Director)inAdam Niewinski(Director)in

Co-investorsBlue Bear Capital PartnersExpon CapitalFREEFLOWHemisphere Ventures LLCIndustrious VenturesOTB Ventures+2 more

Long Shotlong-shot.spacein𝕏

Longshot Space is building a ground-based, reusable acceleration system — a multi-injection pneumatic cannon — to launch payloads at hypersonic speeds for space access and hypersonic testing.

Deep TechDefense TechSpace Tech

Made In Spacemadeinspace.us

Made In Space, Inc. develops 3D printing and manufacturing technology for use in space, having built the first 3D printer to manufacture an object in orbit through a collaboration with NASA.

Advanced ManufacturingHardwareSpace Tech

Mike Chen(Cofounder; Director of R&D)Jason Dunn(Cofounder; Director of R&D)Aaron Kemmer(Cofounder; Director of R&D)Michael Snyder(Cofounder; Director of R&D)

Co-investorsARC Angel FundSpace CapitalStarbridge Venture Capital LlcVU Venture PartnersStarlight Ventures

MAX SPACEgetmaxspace.comin

Max Space builds expandable space habitats designed to provide large pressurized volume at lower cost for low Earth orbit, the Moon, and Mars.

Deep TechHardwareSpace Tech

Co-investorsAurelia FoundryAurum Venture PartnersE2MC VenturesIA Seed VenturesVU Venture PartnersStarlight Ventures

Nebulacomputenebulacompute.comin𝕏

Nebula Compute plans to launch and install data centers in orbit using its ServerSats platform, providing cloud computing capability in space.

Cloud ComputingDeep TechSpace Tech

Michael Bloxton(CEO)

Co-investorsEvolution VC Partners

Novo Spacenovo.spacein𝕏

Novo Space develops high-performance, rad-tolerant, modular electronics for space missions.

HardwareSpace TechCambridge, US

Rodrigo Diez(CEO & Founder)inFacundo Jorge(CTO & Founder)inPete Amaro(Director)

Co-investorsAIR CapitalAurelia FoundrySpacecadet VenturesTechstars

Obrutaobruta.comin𝕏

Obruta Space Solutions develops autonomous Rendezvous, Proximity Operations, and Docking (RPOD) technologies for spacecraft, targeting the on-orbit servicing and logistics markets.

Deep TechRoboticsSpace Tech

Orbit Faborbitfab.comin𝕏May 2020

Orbit Fab builds the in-space propellant supply chain, offering commercial spacecraft refueling services and standardized refueling interfaces to enable reusable spacecraft and a sustainable space economy.

HardwareSpace TechSanta Clara, US

Daniel Faber(Co-Founder)Jeremy Schiel(Executive Officer, Director)Peter Shaper(CEO)Chingti Yang(Executive Officer)

Co-investors2045 VenturesACADEMY INVESTORAIN VenturesAsymmetry VenturesAurum Venture PartnersCapital Factory+12 more

Radian Aerospaceradianaerospace.comin𝕏Feb 2016

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 CapitalBalerion Space VenturesEvolution VC PartnersFine Structures VenturesHCVCHelios Capital+4 more

Redwire Spaceredwirespace.comin𝕏

Redwire is an integrated aerospace and defense company building space infrastructure, autonomous aircraft, and multi-domain operations technology using digital engineering and AI automation.

Defense TechHardwareSpace Tech

Co-investorsAE Industrial PartnersIndustrious Ventures

Rhea Space Activityrheaspaceactivity.comin

Rhea Space Activity (RSA) is an astrophysics technology developer building systems for national security, including infrared satellites, directed energy, artificial intelligence, small satellites, and autonomous underwater vehicles.

Deep TechDefense TechSpace Tech

Co-investorsIron PrairieSeraphim Space

Sensen.com
Skyloomskyloom.coin

Skyloom builds space-based optical communications infrastructure for high-capacity data transport to, across, and from space.

Data & InfrastructureDeep TechHardwareSpace TechBroomfield, US

Catharine Parnell(Executive Officer)Santiago Tempone(Executive Officer, Director)Marcos Franceschini(Executive Officer, Director)Flavio Guidotti(Director)

BoardMatias Mosse(Director)

Co-investorsAIR CapitalBerkeley SkyDeck FundCrunchFundE2MC VenturesIronGate Capital AdvisorsMyelin VC+2 more

Spacefinancecompanyspacefinancecompany.com

Space Finance Company (SFC) provides non-dilutive structured finance solutions designed for space assets and space projects.

FintechSpace Tech

Spaceforge.Cospaceforge.co.ukin

Space Forge develops semiconductor substrates manufactured in microgravity, using the space environment to reduce material defects and produce higher-purity materials for next-generation semiconductor applications.

New MaterialsSemiconductorsSpace Tech

Co-investorsE2MC VenturesTrousdale Ventures

SpaceXspacex.com

Revolutionizing space technology to make life multi-planetary

Co-investors1/1 Capital137 Ventures4DX VenturesA*Abstract VenturesAccess Technology Ventures+107 more

Thespaceperspectivethespaceperspective.com𝕏

Xoilac TV (xoilaczzppz.tv) is a Vietnamese-language website for free live streaming of football matches with Vietnamese-language commentary, covering leagues such as the Premier League, La Liga, Serie A, Bundesliga, V-League, World Cup and Euro.

ConsumerMedia & EntertainmentDa Nang, VN

Voyager Spacevoyagertechnologies.comin𝕏

Voyager Technologies develops defense and space systems, including solid-fuel and electric propulsion, energetics (the only U.S. provider of black powder), radiation-hardened space electronics, guidance and navigation systems, and signals intelligence/spectrum dominance software.

Deep TechDefense TechSpace Tech

Co-investorsCapital FactoryRiverbend CapitalSilent Ventures

Voyagerspaceholdingsvoyagerspaceholdings.com

Co-investorsHelios Capital

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has SpaceFund made?
SpaceFund has 7 tracked investments, 1 of which have exited via acquisition or IPO.
What stage does SpaceFund invest at?
SpaceFund invests at the Pre-Seed, Seed, Series A stages.
What sectors does SpaceFund focus on?
SpaceFund focuses on Data & Infrastructure, Deep Tech, Defense Tech, Hardware, Mobility & Transportation, Space Tech.
Where is SpaceFund located?
SpaceFund is headquartered in Houston, US.
Does SpaceFund lead rounds?
SpaceFund typically participates in rounds rather than leading them.
Who does SpaceFund co-invest with?
SpaceFund most often shares deals with Helios Capital, Starbridge Venture Capital Llc, Capital Factory, among 36 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Keynote - The Space Revolution | Rick Tumlinson | Founder - Earthlight, New Worlds, SpaceFund

The EarthLight Channel · Rick Tumlinson

Co-investors · 6

Type One Ventures

Type One Ventures is a multi-stage venture capital firm focused on funding founders building technologies, infrastructure, and industrial systems aimed at advancing humanity toward an abundant, self-sufficient, and interplanetary future.

$100K – $5M
Afore Capital

Afore Capital is a $500M pre-seed venture fund that invests in pre-traction, early-stage companies, leveraging product and investment expertise to support founders from day zero.

$500K – $2M
Addition

Addition is a venture capital firm that invests in early and growth-stage tech companies.

$1M – $500M
World Fund

World Fund is a climate tech venture capital firm that invests in startups with significant climate performance potential, using a proprietary science-based methodology to quantify potential CO2e savings.

$1.1M – $16.5M
1435 Capital

1435 Capital is a venture and private equity investment firm working with early-stage and growth-stage companies, providing capital along with strategic and operational support to portfolio companies.

$12.7K – $12.7M

Firms observed investing alongside SpaceFund, from public investor directories. Shared companies are the overlap with SpaceFund's recorded portfolio.

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