Space Angels Sees Global Increase in Funding Space Startups

Credit: Space Angels.

Investment in space startups by angels and the venture community is growing at a rapid rate according to Space Angels, and that bodes well for the future of the commercial space sector.

My guest this week on the SpaceQ Podcast is Chad Anderson, CEO of Space Angels.

If you’re a startup then chances are you’ve heard of Space Angels. The financial services company was started in 2007 but it wasn’t until around 2014 that the marketplace was ready for the investment community to make some serious forays into the space sector beyond a company like SpaceX.

Typical investment by Space Angels is anywhere from $500,000 to $1.5 million. The company has invested over $30 million to date, and this may surprise you, many of their investments are outside the US.

In its recently released 2018 fourth quarter report, Space Angels said that US$2.97B in equity capital was invested in space companies globally in 2018 and that number is set to grow even larger in 2019.

Listen in.

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Canadian Space Summit 2019

About Marc Boucher

Marc Boucher
Boucher is an entrepreneur, writer, editor & publisher. He is the founder of SpaceQ Media Inc. and CEO and co-founder of SpaceRef Interactice Inc. Boucher has 20 years working in various roles in the space industry and a total of 27 years as a technology entrepreneur including creating Maple Square, Canada's first internet directory and search engine.