Investments in space-focused ventures up 38 percent in 2019 compared to 2018
Venture capitalists invested $5.8 billion in 178 commercial space start-ups worldwide last year, up 38 percent in dollar terms from the prior year. That made 2019 the biggest year for private space investments, according to a new report from venture capital firm Space Angels. U.S. billionaire-backed start-ups Blue Origin and SpaceX accounted for about 41 percent of the dollar investments, which extended to space ventures in China and the United Kingdom. More investors also sought to get in on companies at later stages.
We have to admit that investing in space start-ups was not part of our questions for panelists participating in the annual “Investor Outlook” series, but you can read their other insights beginning next week in teknovation.biz.
