New Stack Ventures is a venture capital firm based in Chicago, Illinois, that invests in early-stage companies. While primarily focused on sectors like SaaS, fintech, and healthcare, they have also invested in space-related companies like Urban Sky and Heliux. Their investments support startups developing technologies such as stratospheric balloons and AI-powered enterprise operating systems relevant to the space, defense, and related industries.
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Urban Sky raised $4,100,000 in a seed round on 2021-08-19 led by Catapult Ventures and Union Labs with participation from TenOneTen Ventures, NewStack Ventures, and Techstars.