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.
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.
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