Alumni Ventures is a venture capital firm that invests in various sectors, including space tech. It provides funding to companies involved in the development, manufacturing, and support of technologies for space exploration and utilization. They invest in space-related ventures, including those focusing on space infrastructure, satellite technology, and next-generation spacecraft propulsion, partnering with organizations like the UK Space Agency and the European Space Agency through their portfolio companies. Alumni Ventures aims to fuel innovation and expansion in the space industry, supporting ventures with high growth potential.
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The initial $58,000,000 in Series D-1 funding was announced in July 2023 and was led by funds and accounts managed by BlackRock with additional funding from Manhattan Venture Partners and existing investors including Insight Partners, NightDragon, Strategic Development Fund, Razor’s Edge, Alumni Ventures, and Adage Capital.