Akasha Imaging
Machine vision based on light polarization. Acquired by Vicarious in 2021.
Predicting the Eye of the Storm
Promus Ventures is excited to lead the $2.5M pre-Seed round of Jua, a Zurich and Berlin-based company building the next generation of weather models.
Sometimes a Moonshot Is Literally a Moonshot
Promus Ventures is excited to be part of the $12M Seed Round announced by Lunar Outpost this week. Lunar Outpost’s vision is to enable an extended human presence in space while positively impacting Earth.
ICEYE Raises $136M Series D
It has been a privilege for Promus Ventures to back the talented Helsinki-based ICEYE team since early 2018. With this latest round, ICEYE has now raised $304M of capital since 2015 and hired over 300 people. The team has successfully launched 16 satellite missions since its first satellite was launched fou
Can You Hear Me Now…?
Promus Ventures is excited to invest in Mangata Network’s $33M Series A round, announced by Mangata Networks earlier this week. Mangata aims to transform how the world interacts with information and offer unprecedented connectivity through the novel system architecture the team is developing.
Space Investment Has Moved Past Max-Q, Can It Continue to Ascend?
The space industry with its myriad of new startups has now successfully gone through its own Max-Q. Over the last decade, these startups have grinded, innovated, and withstood the drag of naysayers and limited amounts of early capital to blaze ahead into higher altitudes.
Fly Me to the Moon (and Back)
Promus Ventures is excited to lead the €5.3M ($6M) Seed round of The Exploration Company, a Munich-based company building the next generation of spacecraft to democratize access to space.
Promus Ventures Closes $140M Space Fund
We are excited to announce our fifth venture capital fund, and our first sector specific fund, a new $140M fund specifically focused on backing early-stage space and geospatial teams around the globe. Seven investments into US, EU and UK startups already closed from fund.
Rocket Lab Begins Trading on Nasdaq
Joins Spire as the second Promus Ventures portfolio company to trade in the span of a week publicly. Congratulations to Pete Beck and the Rocket Lab team on their first day of trading as a public company today (NASDAQ: RKLB).
Spire Starts Trading on NYSE
Congratulations to Spire co-founders Peter Platzer, Jeroen Cappaert, Joel Spark and the entire Spire team on their first day of trading as a public company today (NYSE: SPIR).