...the who's who,
and the what's what 
of the space industry

Space Careers

news Space News

Search News Archive

Title

Article text

Keyword

  • Home
  • News
  • Starburst Ventures launches new Pre-Seed and Seed Fund for Aerospace and Defense

Starburst Ventures launches new Pre-Seed and Seed Fund for Aerospace and Defense

Written by  Thursday, 22 September 2022 10:33
Write a comment
El Segundo CA (SPX) Sep 22, 2022
Starburst Ventures, the first venture capital fund dedicated to investing across aviation, space, and defense, has announced the launch of its new early-stage fund. Focusing on aerospace, defense, security, as well as enabling sciences and technologies, Starburst Ventures is investing in the next generation of industrial, software and hardware companies. The fund's team will be led by Star

Starburst Ventures, the first venture capital fund dedicated to investing across aviation, space, and defense, has announced the launch of its new early-stage fund. Focusing on aerospace, defense, security, as well as enabling sciences and technologies, Starburst Ventures is investing in the next generation of industrial, software and hardware companies.

The fund's team will be led by Starburst Ventures' Founder and General Partner, Francois Chopard. A widely respected industry veteran, Francois founded Starburst in 2012, before A&D became the venture investment category it is today. Francois is joined by Benjamin Zeitoun as Investor. Together they hold a significant track record of securing investment and building startups from the early stage to IPO.

Joining them in an advisory capacity is Jacqueline Tame, startup founder and former Deputy Director of the United States Department of Defense Joint Artificial Intelligence Center, and Natalya Bailey, Head of Strategy at Bloom Energy and former founder of Accion Systems, who was named top 15 most influential women in Space per Business Insider. Both will serve as hands-on advisors to provide unrivaled support in selecting investments and developing Starburst Ventures' portfolio companies.

"The Starburst Ventures fund will be an imperative resource in developing the next generation of aerospace and defense companies," said Francois Chopard, General Partner at Starburst Ventures. "Having the opportunity to lead and oversee something so impactful is a true honor. I look forward to working with some of the brightest minds across aerospace innovation and business development."

Starburst Ventures' existing investments include participation in a recent $7.1 million seed round for Outpost, a sustainable satellite and Earth return company founded by Jason Dunn and Mike Vergalla, and backed by Moonshot Ventures and Draper Associates, as well as Strong Compute, a startup that recently completed its $7.8 million seed round and helps developers speed up machine learning training pipelines.

Strong Compute is led by Ben Sand and backed by prolific investors including Sequoia Capital India, Folklore, Blackbird; and Skip Capital (led by Principal Kim Jackson). Other investments include companies wishing to stay under the radar, working on mapping the 27,000+ objects jamming Earth orbit to pave the way for space infrastructure, Open Source Intelligence platforms, and a revolutionary optical sensing payload.

"All five of these companies are at the cutting edge of aerospace innovation. We're excited that our thesis drives our investment in both deeptech and tech companies that have the potential to make a real impact in our sector and beyond," said Benjamin Zeitoun, Investor, Starburst Ventures.

The Starburst Ventures fund's portfolio is a reflection of its leadership's unique ability to imagine the next wave of innovation in space, aviation, and defense systems. Starburst Ventures is an independent US venture capital firm owned by its General Partners with a deep commitment to building the future of aerospace and defense.


Related Links
Starburst
The latest information about the Commercial Satellite Industry

Tweet

Thanks for being there;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Monthly Supporter
$5+ Billed Monthly

SpaceDaily Contributor
$5 Billed Once

credit card or paypal



SPACEMART
Intuitive Machines to go public on Nasdaq with acquisition company
Houston TX (SPX) Sep 18, 2022
Intuitive Machines, LLC ("Intuitive Machines" or the "Company"), a leading space exploration, infrastructure, and services company founded in 2013, and Inflection Point Acquisition Corp. (Nasdaq: IPAX, IPAXU, IPAXW) ("Inflection Point"), a special purpose acquisition company, has announced that they have signed a definitive business combination agreement that will result in Intuitive Machines becoming publicly listed. Upon the closing of the transaction, the combined company will be named Intuitiv ... read more


Read more from original source...

You must login to post a comment.
Loading comment... The comment will be refreshed after 00:00.

Be the first to comment.

Interested in Space?

Hit the buttons below to follow us...