Quarterly release · Q1 2024
Which investors led the most disclosed space funding rounds in the quarter, and over the trailing twelve months.
Data as of · computed
Back-computed edition
This period closed before the release began publishing on a calendar. The figures are computed from the same tables, but this is a back-calculation rather than what we would have published at the time. Scheduled editions begin with 2026-Q2.
18 with a disclosed amount
A floor: undisclosed rounds contribute nothing
66.7% — the ranking below sees only these
10 in Q4 2023
Investors ranked by the number of rounds they are recorded as leading inside the quarter.
| # | Investor | Rounds led | Disclosed total | Median round | Sectors backed | Companies |
|---|---|---|---|---|---|---|
| 1 | Andreessen Horowitz | 2 | $317.0M | $158.5M | manufacturing; satellite | Astranis; Hadrian |
| 2 | Lockheed Martin acquires Terran Orbital | 1 | $450.0M | $450.0M | manufacturing | Terran Orbital |
| 3 | HV Capital | 1 | $165.0M | $165.0M |
The same ranking over the four quarters ending with this one — the stabler table, and the one to cite for "most active".
| # | Investor | Rounds led | Disclosed total | Median round | Sectors backed |
|---|---|---|---|---|---|
| 1 | Lux Capital | 3 | $171.0M | $30.0M | analytics; manufacturing |
| 2 | a16z (Andreessen Horowitz) | 2 | $900.0M | $450.0M | infrastructure; launch |
| 3 | Andreessen Horowitz | 2 | $317.0M | $158.5M | manufacturing; satellite |
| 4 |
Investors ranked by rounds they appear in at all, lead or otherwise. A different question from the lead table, and a weaker denominator.
| # | Investor | Rounds | Disclosed round value | Sectors |
|---|---|---|---|---|
| 1 | Lux Capital | 1 | $30.0M | analytics |
| 2 | Type One Ventures | 1 | $30.0M | analytics |
| 3 | Y Combinator | 1 | $30.0M | analytics |
Only 1 of 18 rounds in the quarter carry an investor list. Disclosed round value is the size of the rounds an investor appears in, NOT the amount that investor put in — we do not hold per-investor allocations and will not infer them.
Investors who led a round this quarter and led none in the previous 4 quarters of our records.
| Investor | Rounds led | Disclosed total | Companies |
|---|---|---|---|
| Andreessen Horowitz | 2 | $317.0M | Astranis; Hadrian |
| Lockheed Martin acquires Terran Orbital | 1 | $450.0M | Terran Orbital |
| HV Capital | 1 | $165.0M | Isar Aerospace |
| DCVC | 1 | $100.0M | Stoke Space |
| Sam Altman | 1 | $100.0M | Hermeus |
| Breakthrough Energy Ventures | 1 |
Every round recorded in the quarter, largest disclosed first, with its source. This is the row set the tables above are computed from.
| Date | Company | Sector | Stage | Amount | Lead | Source |
|---|---|---|---|---|---|---|
| 2024-03-25 | Terran Orbital | manufacturing | Acquisition | $450.0M | Lockheed Martin acquires Terran Orbital | — |
| 2024-01-01 | Astranis | satellite | Series D | $200.0M | Andreessen Horowitz | — |
| 2024-03-01 | Isar Aerospace | launch | Series C | $165.0M | HV Capital | — |
| 2024-01-01 |
Coverage limits travel with the numbers, here and in every export of them.
SpaceNexus Most Active Space Investors, Q1 2024. SpaceNexus, data as of 2024-03-31. https://spacenexus.us/releases/most-active-investors/2024-Q1. https://spacenexus.us/releases/most-active-investors/2024-Q1 (retrieved 2026-09-15).
Free to cite and embed with attribution. Data updates continuously; the citation date pins your retrieval.
By the SpaceNexus Desk
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| launch |
| Isar Aerospace |
| 4 | DCVC | 1 | $100.0M | $100.0M | launch | Stoke Space |
| 5 | Sam Altman | 1 | $100.0M | $100.0M | defense | Hermeus |
| 6 | Breakthrough Energy Ventures | 1 | $97.0M | $97.0M | analytics | Albedo |
| 7 | Founders Fund | 1 | $75.0M | $75.0M | infrastructure | Impulse Space |
| 8 | Alpine Space Ventures / Lakestar | 1 | $44.0M | $44.0M | analytics | Constellr |
| 9 | 1 | $36.0M | $36.0M | analytics | Pixxel |
| 10 | Lux Capital | 1 | $30.0M | $30.0M | analytics | Epsilon3 |
Computed over the 12 of 18 rounds in the quarter that name a lead investor.
Showing the first 10 of 11 rows. 1 more in this table, plus every column the display leaves out.
| Mitsubishi Electric |
| 2 |
| $156.0M |
| $78.0M |
| infrastructure |
| 5 | Seraphim Space | 2 | $150.0M | $75.0M | infrastructure; satellite |
| 6 | Rivada Networks | 1 | $2.50B | $2.50B | satellite |
| 7 | Lockheed Martin acquires Terran Orbital | 1 | $450.0M | $450.0M | manufacturing |
| 8 | Aljazira Capital | 1 | $350.0M | $350.0M | infrastructure |
| 9 | Virgin Group | 1 | $300.0M | $300.0M | launch |
| 10 | HV Capital | 1 | $165.0M | $165.0M | launch |
Computed over the 57 of 83 rounds in the trailing twelve months that name a lead investor.
Showing the first 10 of 51 rows. 41 more in this table, plus every column the display leaves out.
| $97.0M |
| Albedo |
| Founders Fund | 1 | $75.0M | Impulse Space |
| Alpine Space Ventures / Lakestar | 1 | $44.0M | Constellr |
| 1 | $36.0M | Pixxel |
| Marlinspike Partners | 1 | $20.0M | Turion Space |
Absence from the lookback window means we recorded no lead credit for that investor, not that the firm was inactive.
| AST SpaceMobile |
| satellite |
| Follow-on Offering |
| $155.0M |
| — |
| — |
| 2024-01-01 | Hadrian | manufacturing | Series C | $117.0M | Andreessen Horowitz | — |
| 2024-01-01 | Hermeus | defense | C | $100.0M | Sam Altman | — |
| 2024-03-01 | Stoke Space | launch | Series B | $100.0M | DCVC | — |
| 2024-03-01 | Albedo | analytics | Series C | $97.0M | Breakthrough Energy Ventures | — |
| 2024-01-01 | Impulse Space | infrastructure | Series B | $75.0M | Founders Fund | — |
| 2024-02-10 | Constellr | analytics | Series A | $44.0M | Alpine Space Ventures / Lakestar | Constellr |
A blank amount means the round is real and its size was never disclosed. Nothing downstream infers one.
Showing the first 10 of 18 rows. 8 more in this table, plus every column the display leaves out.