Week in Space Data, every Friday.
Investor portfolio, from our funding record
Recorded in our rows as: Shrug.
Counted rounds
3
Led
1
2 as participant
Companies
2
Disclosed round value
$225M
3 of 3 rounds disclosed; whole rounds, not this investor's share
First deal
2023-10-31
Antares Industries
Latest deal
2025-07-10
Varda Space Industries
Shrug Capital appears on 3 counted private space funding rounds in our records, into 2 companies: recorded as lead on 1 and as a participant on 2.
The earliest is Antares Industries on 31 October 2023; the latest is Varda Space Industries on 10 July 2025.
3 of the 3 rounds disclosed a size, together $225M. That is the size of the rounds Shrug Capital took part in, not the amount Shrug Capital invested: we hold no per-investor allocations and do not estimate them.
The investor most often on the same counted rounds as Shrug Capital is Caffeinated Capital, on 2 rounds.
Private funding rounds into space companies that name Shrug Capital as lead or participant, newest first, each with its source. Round size is the whole round; a blank size was never disclosed and is not estimated.
| Date | Company | Stage | Role | Round size | Source |
|---|---|---|---|---|---|
| Varda Space Industries | Series C | Lead | $187M | SpaceNews (opens the source for this round) | |
| Antares Industries | Series A | ParticipantAs recorded: Shrug | $30.0M | Antares (company update) (opens the source for this round) | |
| Antares Industries | Seed | ParticipantAs recorded: Shrug | $8.0M | Antares (company update) (opens the source for this round) |
Rounds come from company announcements, regulatory filings and press reports. Amounts, valuations and investors are as reported and may be incomplete or later revised. Not investment advice, and not an offer or solicitation for any security. Full disclaimer
| Stage | Rounds |
|---|---|
| Seed | 1 |
| Series A | 1 |
| Series C | 1 |
| Sector | Rounds |
|---|---|
| Infrastructure | 2 |
| Manufacturing | 1 |
| Year | Rounds |
|---|---|
| 2025 | 1 |
| 2024 | 1 |
| 2023 | 1 |
Investors named on the same counted rounds, by the number of rounds shared.
Showing the 10 most frequent of 13 co-investors. The full list is part of a SpaceNexus Research seat.