TLDR:
- Airbus Ventures has raised a $155 million fund focused on deep tech, including space
- The fund aims to unlock new possibilities in the space sector and broader deep tech ecosystem
Airbus Ventures, a leading investor in space startups, has launched a $155 million fund to support early-stage deep tech companies. The fund, named Fund-Y, is part of Airbus Ventures’ broader strategy to invest in long-term opportunities in the space industry and other areas of deep technology innovation. Fund-Y is the fourth fund managed by Airbus Ventures, which currently oversees $465 million in assets.
Thomas d’Halluin, managing partner of Airbus Ventures, emphasized the importance of backing founders with exceptional execution capabilities, citing the success of companies like Impulse, a propulsion startup founded by Tom Mueller of SpaceX fame. The fund will focus on investing in companies that tackle challenging scientific and engineering problems, with a particular interest in the global space startup ecosystem.
While Airbus Ventures has traditionally invested heavily in U.S.-based companies, the firm is now looking to expand its geographic reach with Fund-Y. D’Halluin sees significant potential for space startups in regions like Europe and Japan, pointing to a growing momentum in the industry worldwide. Airbus Ventures’ approach to investing in deep tech sets it apart from traditional corporate venture arms, with a focus on human capital and long-term strategic partnerships with promising startups.