Airbus Ventures, a prominent investor in space startups, has recently announced the launch of a new $155 million fund aimed at supporting deep tech innovations, including advancements in the space industry. The fund, named “Fund-Y,” is set to be deployed across the growing space sector and the broader deep tech ecosystem, with a focus on long-term opportunities in early-stage startups tackling challenging scientific and engineering obstacles.
Thomas d’Halluin, managing partner of Airbus Ventures, expressed his excitement about the new fund, stating that it is designed to unlock new possibilities, particularly in the space industry. This move comes at a time when investment in the space sector, especially from venture capital firms, has been on the rise after a period of slower growth.
Airbus Ventures, founded in 2016, takes a unique approach compared to traditional corporate venture capital arms. The firm maintains a distinct separation from its parent company, the European aerospace giant Airbus, and more than half of the funding for Fund-Y comes from external sources such as institutional investors, private equity firms, and family offices.
With a total of $465 million under management, Fund-Y marks the fourth fund launched by Airbus Ventures. The firm has a strong track record of investing in the space sector, with about a third of its capital deployed in this area. Airbus Ventures has backed 14 pure-play space companies, including propulsion startup Impulse, lunar cargo company ispace, and tracking service LeoLabs.
In a recent statement, d’Halluin emphasized the importance of patience in the space industry, highlighting the need for long-term vision and commitment. He also stressed the significance of funding founders with exceptional execution skills, citing the success of Impulse, which was founded by Tom Mueller, a veteran in the space industry known for his work at SpaceX.
While Airbus Ventures has traditionally focused on U.S.-based investments, d’Halluin indicated that Fund-Y will have a global outlook. He noted the strong momentum for space startups in Europe and Japan, hinting at potential opportunities for international collaborations and partnerships.
Subheadings:
Investing in Innovation
Airbus Ventures’ commitment to supporting deep tech startups reflects its dedication to fostering innovation in the space industry and beyond. By providing funding for companies tackling complex scientific and engineering challenges, the firm aims to drive technological advancements that can benefit society as a whole.
Prioritizing Human Capital
One key aspect of Airbus Ventures’ investment strategy is the focus on backing founders and teams with exceptional execution skills and industry expertise. By investing in individuals who have a deep understanding of the space sector and a proven track record of success, the firm aims to maximize the potential for long-term growth and impact.
Global Expansion and Collaboration
As Airbus Ventures looks to expand its reach and explore opportunities beyond the U.S. market, the firm is eyeing potential partnerships and collaborations with international players in the space industry. By tapping into the strong momentum for space startups in Europe and Japan, Airbus Ventures aims to leverage global talent and resources to drive innovation and growth in the sector.