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.
Whoop Raises $200M at $3.6B Valuation
Congratulations to Will Ahmed, John Capodilupo, and the entire Whoop team on their new $200 million Series F financing at a $3.6 billion valuation led by Softbank.
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).
Kateryna Lopatynska Joins Promus Ventures as Admin and Operations Associate
We are excited to welcome Kateryna Lopatynskato our team. Kateryna has a strong background in administration, operations, and human resources, joining us from Fidelity Information Services (FIS).
Promus Ventures Welcomes Jeremy Teboul as Investment Analyst
A graduate of New York University and INSEAD, Jeremy foundedMeepLabs, a software development company in New York. Jeremy is French-Swiss, speaks four languages, and is a big fan of Roger Federer.
The Eye in the Sky: How New Space Can Help Measure and Mitigate Changes in Climate
Cleantech spent close to a decade in the wilderness after a string of high-profile bankruptcies, but the story of technology as a tool in the fight against climate change doesn’t end here.
Promus Ventures Welcomes Andreea Munteanu as Head of Marketing and Communications
We’re excited to welcome Andreea as Head of Marketing and Communications to the Promus Ventures team. Andreea has an impressive background having held similar roles at several organizations and most recently at Payconiq International, a leading digital payment company in Europe.
Spire Announces Plans to Go Public Via SPAC at $1.2B Valuation
Yesterday, two Promus Ventures portfolio companies (Rocket Lab and Spire) announced they were going public via SPAC (double the fun!). Yesterday we wrote about Rocket Lab’s $4.1B enterprise valuation announcement and today we get the privilege of trumpeting Spire and its plans to go public at a $1.2B enterpri
Rocket Lab Announces Plans to Go Public Via SPAC at $4.1B Valuation
You get one chance at life right? Might as well go big then, and hard to get much bigger than Rocket Lab. This extraordinary team has achieved a long list of accomplishments in a short period of time. Rocket puns aside (you were waiting), it has been a remarkable ride so far.