The Space Capital economic data from Q1 confirms a significant, overall slowdown in space investment activity, in line with other tech sectors and the overall markets.
Key highlights from this report include:
- The venture market continued its reset in Q1’23 driven by a challenging market and rate environment. Broadly, across tech, venture funding to startups fell by more than 50% YoY to $76B globally and $37 billion investment in the Space Economy, given that VCs continue to be the primary source of capital for space companies with $1.3 billion invested across 68 rounds in Q1, accounting for 60% of total investment and 76% of total rounds.
- This is the first quarter of a new year and the report rolls forward the ten-year time period: with another $2.2 billion invested into 89 companies in Q1, there has now been $272.2 billion of equity investment into 1,746 unique companies in the Space Economy since 2014.
- With a total of just $2.2 billion invested in Q1 – a 53% decrease from the prior quarter – this was the lowest quarter for space investment since 2015.
To learn more, download the report at this direct link…