Participated · Series B · Jun 2026

Dawn Aerospace develops reusable space transportation systems, including the Aurora spaceplane and the Loop in-orbit refueling network. The company plans for the Aurora spaceplane to become the first vehicle to fly twice-daily to the Kármán line in 2027. Its Loop refueling network is targeting an in-orbit demonstration in 2028, and Dawn said it will demonstrate in-orbit refueling of its satellite propulsion systems in 2028. Financially, Dawn recently closed a US$25 million Series B at a $195 million post-money valuation led by Balerion Space Ventures. The company intends to use the Series B proceeds to accelerate global expansion of its reusable space transportation business. No operating metrics or founding year were disclosed in the sourced article.

Participated · Seed · Feb 2026

Sophia Space develops AI-powered technologies and intelligent systems intended to enable more autonomous, scalable operations across space and terrestrial environments. The company emphasizes modular, AI-optimized compute for on-orbit and edge deployments and positions itself at the intersection of AI, advanced computing, and aerospace. Sophia Space plans to use its new funding to accelerate product development, hire engineering and commercial staff, deepen technical capabilities, and expand strategic partnerships. Management highlighted ambitions to support deployment of its platform across government, commercial, and international markets. The company is headquartered in Pasadena, Calif. and has now raised $22 million in total financing. No revenue, user, or valuation metrics were disclosed in the announcement.