Pale Blue’s Post

A concise article on our current mission (and accomplished milestones) as well as a preview of a future mission! Today is big day for data protection in space as well as the commercial lunar economy!

Exciting News from VoLo Earth Ventures! We are excited to announce our significant contribution to Nth Cycle's triumphant Series B funding round, raising an impressive $44 million including non-dilutive financing. This continues our journey with Nth Cycle as our fund was proud to have co-led their Series A and Joseph Goodman, PhD continues to support the company as a board member. Nth Cycle’s innovative approach to a differentiated supply chain aligns seamlessly with our vision for investing in impactful technology, leading to a carbon-free economy. By prioritizing modular and decentralized refining units, Nth Cycle is not only reshaping the industry landscape but also setting new standards for economic competitiveness and environmental impact. Their patented electro-extraction technology, The Oyster, refines critical metals, like nickel and cobalt, which can be used in EV batteries and other manufacturing supply chains. For more information on Nth Cycle, and their funding, please read the full article here: https://lnkd.in/dvWrcdTP #cleanenergy #innovation #technology

Congrats to the Skykraft team on raising further capital to refuel their celestial tanks, as they work towards the rollout of their global satellite constellation.   Lennoxgrove Capital is proud to have acted as Equity Arranger for Skykraft, bringing together a group of experienced investors who will be strong partners as Skykraft builds what will be an Essential Infrastructure Asset in space.   The investors will provide over $100 million to support the rollout of Skykraft’s initial operational capability. Skykraft was able to raise capital from a diverse group of investors:   1.    Foresight (formerly Infrastructure Capital Group) – an Infrastructure Fund 2.    OPTrust – a Pension Fund 3.    Main Sequence – a DeepTech Venture Capital Fund 4.    Family Offices   Skykraft’s ability to attract capital from ALL four sources in the ONE round is quite a feat, which was made possible by Skykraft’s compelling business strategy based on strong economic fundamentals.   Skykraft has managed to accomplish this fundraising against a backdrop of very challenging private capital market conditions (current investment is 55% below 2022 levels and 70% below 2021 levels) and the general “risk-off” sentiment of many investors.   A prior funding round included investors such as Adcock Private Equity and a number of former senior Macquarie Group executives (including Allan Moss and James Kruger).   Skykraft’s smallsat constellation will be a world-first and truly global commercial Air Traffic Management capability from space, for both Surveillance and VHF Communication services.   Skykraft’s solution will allow aircraft to travel on more efficient flight paths, which translates into both significant environmental benefits and reduced fuel costs for airlines.   Lennoxgrove is proud to be an early investor in Skykraft. Lennoxgrove has assisted Skykraft over the last 3 years with both the current and past capital raisings, and with important commercial negotiations.   Well done to Skykraft's founders Craig Benson and Douglas Griffin, Chairman Mark Skidmore and CEO Michael Frater. We look forward to continuing to work with the Skykraft team as they deploy their global constellation.   A special thanks to Skykraft’s legal advisors on the capital raise: Paul Miller and Antony Bull of Deutsch Miller, who were able to (in what appeared to be an effortless way) bring together all parties’ desiderata.   See attached article from The Australian Financial Review:   https://lnkd.in/gccJYZjG

Good to see this amount of capital being raised in the Life Sciences. OrbiMed realizes investment into the space is at attractive levels and obviously sees opportunities for growth going forward. #lifescience #commercialrealestate #endpoints #venturecapital #jll #wcls

Exciting to see the joined-up approach by the European Commission to back VC firm Expansion Ventures' debut €100m fund targeting the space and air mobility sectors. H/T Charles's Audacia, Ted Elvhage, Sandra Budimir and Ulf Palmnäs   Marjut's EIF cornerstones the new fund with €60m, which is linked to the CASSINI initiative set up in 2021 with an investment facility for space-based entrepreneurs and offering anchor customer contracts using programmes like Copernicus Contributing Missions and IRIS2. We'll more of these strategic moves but space power will dominate https://lnkd.in/e3aQ-3VQ

What a privilege it was to advise the QIC private equity team who led Gilmour Space Technologies Series D fundraising. It was a truly collaborative process with the company and the co-investors Blackbird, Main Sequence, Hostplus and HESTA. An especial thanks to Adam Gilmour and James Minchinton. We can’t wait to see what’s next for Adam and the team. #privateequity #privatecapital #venturecapital #technology #space #spacetech #queenslandbusiness #startup Friedrich Kuepper Spandan D. Tom Lyons Ben Seymour

Private funding, intellectual property and science equity have been identified as key elements to incentivize European competitiveness. At Fractus, we are proud to have participated in the event organised by BeAble Capital SGEIC SA and PONS IP . 💡💼 Our CEO and co-founder, Rubén Bonet, has highlighted that the current system works very well for financing the R+D. However, when the objective is to launch a new business it is important to consider the equity science as well. In addition to Rubén, the panel was formed by prominent profiles such as Almudena Trigo Lorenzo, Founding Partner of BeAble Capital; Alberto Díaz González, Partner of BeAble Capital; Nuria Marcos, Managing Director of PONS IP; and Belén Linares Corell from CEPSA . 👥 At Fractus, we remain committed to innovation and driving scientific capital - together, we build a brighter future! ✨🔬 #intellectualproperty #ip #deeptech #equityscience #equitycapital #publicfunding #RandD #researchandevelopment #patents #technology

Seraphim Space Ventures II (SSV II): Meet the companies 🛰 🌌 Following the same strategy as its original SpaceTech-focused venture fund, a top-performing fund for its vintage, SSV II aims to build a portfolio of c.30 companies. The Fund has already made nine investments aligned with some of our key themes via a warehouse portfolio. Hubble Network – Internet of Things satellite constellation for connecting directly to billions of Bluetooth-enabled devices Delos Insurance Solutions – Space data-powered wildfire home insurance provider ATMOS Space Cargo – Space cargo return service for life sciences Auriga Space – Novel electromagnetic launch system Array Labs - 3D satellite imagery on a global scale Privateer Space - constellation of small SATs for in-Space Situational Awareness (SSA) Ubotica Technologies - Live Earth Intelligence (Space: AI) Renoster - Deep Transparency for nature-based carbon projects constellr - Space data-powered high-precision smart farming services Take a look at our new page to find out more - https://lnkd.in/dau2tw2d

📈 Phase Four Receives $6.25M Investment from LEONID Partners... Key Highlights: 🔹Leonid Capital Partners invests $6.25 million in Phase Four, focusing on innovative propulsion technology. 🔹The investment introduces an innovative financing model, linking funds to the commercial value of Phase Four’s US government contracts. 🔹James Parker, Co-founder of Leonid Capital, expresses enthusiasm for the partnership’s potential to drive forward space exploration efforts. 🔹Steve Kiser, CEO of Phase Four, emphasizes the investment’s role in supporting their mission to revolutionize spatial mobility and enhance national security. 🗣️"This strategic alignment between Phase Four’s pioneering work and Leonid’s investment strategy signals a transformative influence on the space sector." - James Parker, Co-founder of Leonid Capital Partners. How will this unique financing model influence future public-private partnerships in the space industry? https://lnkd.in/eDe4GEmV #SpaceExploration #Investment #Innovation #NationalSecurity #PublicPrivatePartnership