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The Venture Codex

Space Angels

1160 1st Ave, New York City, New York, 10065, United States

Overview

Space Angels specializes in providing capital for the growth and development of aerospace industries.

Total investments
14
Lead investments
3
Investments · 12mo
0
Active investors
0

Sector focus

  • Aerospace
  • Credit
  • Finance
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Investment portfolio

  • GHGSat

    Participated · Equity · Jul 2021

    GHGSat develops and operates satellite-based emissions-monitoring technology that pinpoints greenhouse-gas releases directly to their source with high speed and accuracy. Its analytics platform converts these observations into actionable insights, enabling industrial operators to enhance efficiency while reducing environmental impact. Founded in 2011, the Montreal company has built a global footprint for its emissions intelligence services. GHGSat plans to leverage its expanding satellite constellation and data products to pursue rapid international growth. The newly raised capital will support this expansion and the continued evolution of its technology and analytics offerings. Cumulatively, GHGSat has secured CAD$173 million in equity and debt financing, underscoring sustained investor confidence in its approach.

  • ALL.SPACE

    Participated · Series B · Feb 2021

    Founded in 2013 (originally as Isotropic Systems Ltd), ALL.SPACE specialises in multi-orbit satellite communications terminals that can connect simultaneously to multiple satellite constellations and cellular networks. Its flagship multi-link terminal underpins a broader strategy to deliver resilient, converged communications for commercial and defence customers on land and at sea. Leveraging this platform, the company is developing an alternative Position, Navigation and Timing (Alt-PNT) capability that uses ambient ‘signals of opportunity’ to provide accurate location data when GNSS signals are jammed or spoofed. The Alt-PNT functionality will be embedded in the company’s terminals and offered via a Software-as-a-Service model. ALL.SPACE has completed development programmes with the European Space Agency (ESA), the UK Ministry of Defence and the U.S. Department of Defense, and has secured multiple commercial and military contracts, although no revenue or user numbers were disclosed. This new navigation initiative extends the firm’s portfolio and supports its goal of delivering sovereign, secure communications and navigation solutions worldwide.

  • SpeQtral

    Participated · Seed · Apr 2019

    SpeQtral develops quantum key distribution (QKD) systems that use quantum physics to generate and distribute symmetric encryption keys for tamper‑proof, computationally uncrackable communications. Its platform targets both satellite (including low‑Earth orbit) and terrestrial deployments to secure networks across governments, defence, financial services, data centres, cloud and telecom providers. The company positions its technology as a core component for building global quantum‑secure communication networks resilient to future quantum computers that could break current public‑key encryption. SpeQtral says it is supported by a multidisciplinary team of quantum scientists, cryptographers and engineers. In November 2021 it closed a US$8.3m financing to expand regional and international presence, establish strategic partnerships, hire talent, support commercial rollout of terrestrial systems and further develop satellite systems. The company frames its product as a crucial element in the growing QKD market and aims to accelerate commercial deployment with the new funding. SpeQtral (formerly S15 Space Systems) is building space-based quantum communication systems rooted in technologies developed at the Centre for Quantum Technologies (CQT) at the National University of Singapore. The company has licensed IP and know‑how from NUS to develop compact quantum light sources and has hired former CQT researchers onto its team. Its quantum technology aims to provide unprecedented, forward-secure protection against eavesdropping for communication networks. SpeQtral describes itself as the only team with heritage from a successful on-orbit demonstration of a quantum light source on a cubesat. The $1.9 million seed round, which was oversubscribed, will fund a commercially focused space-to-ground cubesat quantum communication demonstration mission, team expansion, and the opening of offices in Singapore and the United States. The company plans to continue developing advances in quantum communication technology and to commercialize the capability for future-proof secure communications.

  • LeoLabs

    Participated · Series A · Jul 2018

    LeoLabs operates a vertically integrated technology system, Vertex™, that delivers LEO coverage, real-time tracking and insights for satellite operators, commercial enterprises and federal agencies. The company focuses on space safety, security and sustainability by providing the information needed to plan and execute missions in low Earth orbit. LeoLabs sells operational insights and tracking capabilities to commercial and government customers worldwide. The company plans to scale up its insight delivery by investing in advanced end-user applications and partner integrations. Leadership under CEO Dan Ceperley says the funds will bolster the company’s data architecture and system software to support growth. LeoLabs recently raised new funding to support these product and scaling initiatives. Founded in 2016, LeoLabs operates a global network of ground-based phased-array radars to track and measure objects in low Earth orbit. Its radar sites include installations in Alaska, Texas, two sites in New Zealand and two in Costa Rica. The system detects objects as small as 2 centimeters, versus legacy systems that typically see 10-centimeter objects, expanding tracked object counts from roughly 17,000 to about 250,000 at the smaller threshold. Customers access collision-risk data through a subscription SaaS that issues automatic alerts for close approaches. LeoLabs reports seeing three to five close approaches per week for larger objects and many more when tracking smaller debris, which drives demand for avoidance maneuvers. The company plans to expand its radar footprint, increase tracking frequency, scale its software and data-science teams, open locations outside the U.S., and add new products and services. LeoLabs operates a patent-pending global phased-array radar network and a mapping and SSA platform that provides orbital and situational data to customers. Its core offerings include collision prevention, risk assessment, constellation monitoring and general SSA services. Customers include space agencies, commercial satellite operators, defense, and scientific/academic organizations. The company was founded in 2016 as a venture-funded spinout of SRI International and is led by CEO Dan Ceperley. LeoLabs closed a $13M Series A and plans to use the funds to expand its radar network for tracking small debris and satellites in LEO and to accelerate development of its mapping and SSA platform. The platform for developers and operators is available on a trial basis at the company’s website. LeoLabs spun out of SRI International to provide a collision-avoidance service for low-Earth orbit (LEO) operators. The company operates a network of ground-based radar monitoring stations and recently added the Midland Space Radar facility in Midland, Texas. Its system offers accuracy to within 100 meters, multiple daily tracks per object, verification mechanisms, scheduled data delivery, and an API for customer integration. LeoLabs says it can track up to 250,000 objects not covered by public monitoring systems today. The company supplies raw data plus built services to help customers avoid collisions and is investing in a data services platform to enable third-party innovation. CEO Dan Ceperley emphasizes the startup’s role in supporting growing cubesat, smallsat and space-tourism traffic in crowded LEO.

  • ICEYE

    Participated · Series B · May 2018

    ICEYE owns and operates a large synthetic aperture radar (SAR) satellite constellation designed to deliver persistent monitoring and change detection anywhere on Earth. Its customers include organisations in defence and intelligence, environmental monitoring, insurance, and emergency management. The company says its capabilities enable fast decision-making and contribute to safety and sovereign intelligence needs. Founded and headquartered in Finland, ICEYE operates globally with over 1,000 employees across multiple countries, including Poland, Spain, the UK, Australia, Japan, the UAE, Greece, and the US. Financially, ICEYE reported scaling revenue, profitability, and cash generation in 2025 and has secured a €300 million 3-year committed revolving credit facility to support growth and provide liquidity; the article also states the company has previously raised over $760 (amount as reported).

Team

No current team members are available.