Startup · $344m raised
nano satellite startup
Adelaide, SA
Every investor coverage indicates participated in a round Fleet Space Technologies raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Space Agency | Grant | $4,000,000 |
| Alumni Ventures | Series D+ · Series D+ · Series C · Series B | - |
| Artesian VC | Series D+ · Series D+ · Series B | - |
| Blackbird Ventures | Series D+ · Series D+ · Series C · Series B | - |
| Horizons Ventures | Series D+ · Series D+ · Series B | - |
| Hostplus | Series D+ · Series D+ · Series C · Series B | - |
| Teachers' Venture Growth | Series D+ · Series D+ | - |
| Bondi Partners | Series C | - |
| Bondi Partners / The 1941 Fund | Series C | - |
| Grok Ventures | Series C · Series B | - |
| Pavilion Capital | Series C | - |
| TelstraSuper | Series C | - |
| The 1941 Fund | Series C | - |
| In-Q-Tel | Series B | - |
| South Australian Venture Capital Fund | Series B | - |
Investors whose own portfolio pages list Fleet Space Technologies, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| OneVentures | its portfolio page ↗ |
Companies Fleet Space Technologies acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Fleet Space Technologies. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Profiles space investor Will Scully-Power, whose Pine Gap firm backs Australian space startups and plans a larger US fund with partners; defence VC Beaten Zone has also wrapped up a $26 million fund.
Weekly roundup: Blackbird confirms a record fund close and Galileo reaches a first close, Genesis merges with Proudi, IREN secures massive debt, and several startups report raises, grants and program wins.
A maker of satellites for in-orbit drugs and materials production has landed an outsized pre-seed round led by New Zealand's GD1, with Airtree and other venture firms taking part.
Leaked details from Blackbird's investor day showcase Airwallex and Canva as standout performers, record valuation cuts for Culture Amp and SafetyCulture, and detail Kiki's New York shutdown and settlement.
Pat Conroy announced a fresh tranche of Australian defence grants totalling over $17.3 million, with recipients including Fleet Space Technologies, Veem, HIFraser and Aurora Labs.
University of Sydney spinout DeteQt raised $750,000 pre-seed from Main Sequence Ventures and ATP Fund, appointed Rupal Ismin COO, and counts a $3 million defence contract as first revenue.
Also Forbes Australia·Startup Daily·Startup Daily·SmartCompany·Forbes Australia
Esper, a Melbourne maker of mineral-scanning satellites, has banked a $5 million seed round co-led by Paspalis Capital and Hejaz; its 2023 pre-seed drew US investors.
Five Australian space companies receive federal grants under the Moon to Mars program, totalling $3.6 million, for projects including navigation systems and radioisotope heaters; Gilmour Space says launch approval delays cost it $20 million.
Year-end roundup ranking 2024's twelve largest startup raises, headed by PsiQuantum's $940 million government-backed quantum computing round, plus Guzman y Gomez's ASX listing and Betashares' Temasek investment.
Adelaide satellite company Fleet Space has banked a $100 million Series D, with Teachers' Venture Growth leading and a $525 million valuation, to grow ExoSphere, its space-based mineral exploration platform.
Fleet Space Technologies has secured $150 million in a Series D round led by a Canadian pension fund, with existing backers Blackbird Ventures, Hostplus and Horizons Ventures also participating.
Satellite company Fleet Space has closed a Series D backed by Teachers' Venture Growth and prior backers, lifting its valuation past $800 million, with proceeds earmarked for its mineral-exploration platform.
Also Space Connect·spaceanddefense.io·aap.com.au·@AuManufacturing·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Space Connect·@AuManufacturing·Forbes Australia
Roundup of Australian manufacturing news: OncoSil, K-TIG and Aurora Labs complete or commit raises, Amplia opens an offer, Siemens agrees to buy Altair, CSIRO unveils a printed-solar facility, and a WA medical alliance grows.
Manufacturing roundup: Australian Vanadium and entX land government grants, Hexagon Energy Materials completes a $1 million round, Australian Dairy Nutritionals appoints a CEO, Aurora Labs adds a director, plus vessel, export and research briefs.
Mike Cannon-Brookes' investment vehicle Grok Ventures has hired Tan Kueh, ex-Macquarie, UBS and BlackRock, as CEO, joining CIO Jeremy Kwong-Law, as it sharpens its strategy around climate investing.
Three Australian companies — Fleet Space Technologies, MoreGoodDays and Syneta — feature on Forbes Asia's 100 to Watch list; the piece profiles each business, its backers and recent raises.
Four Australian space companies are named among ten recipients of Moon to Mars Initiative Demonstrator Program grants, sharing nearly $40 million for projects spanning atomic clocks, navigation technology and payload racking systems.
Also @AuManufacturing·@AuManufacturing·@AuManufacturing·Defence Connect·Forbes Australia
Techboard's May 2023 roundup of Australian startup funding: 42 private raises topped by Fleet Space's $50m round, two $40m acquisitions, multiple grants, accelerator intakes, and fund news including GiantLeap's $50m fund raise.
Manufacturing news roundup: Fleet Space's oversubscribed Series C, a grant-backed 3D printing research project, an agreed brand acquisition, equipment orders, a cargo drone first flight and industry awards.
Weekly roundup of five startup raises: Fleet Space's Series C, Checkmate's Series A, Adventus's new round, Endua's hydrogen funding and Servicely's raise, with investors named.
Also Forbes Australia
Bondi Partners reposts The Australian's coverage of Fleet Space Technologies' $50m Series C round, which Blackbird Ventures led and Bondi joined, valuing the Adelaide-based nanosatellite maker above $350m.
Also Blackbird Ventures portfolio·Startup Daily·@AuManufacturing·Startup Daily·SmartCompany·SmartCompany·Techboard·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·@AuManufacturing·Forbes Australia·satcom.digital·TechCrunch Australia·Space Connect
Fleet Space Technologies wins a 6.4 million dollar Defence Space Command contract to lead the ASCEND2LEO project, developing LEO satellite communications with a consortium including DSTG, University of South Australia, Rice Satcom and SmartSat CRC.
News roundup: Elsight locks in $8 million through convertible notes; Northrop Grumman extends its Quickstep supply agreement; Titomic grows US sales; Fleet Space to survey for Core Lithium; Venture Catalyst Space applications open.
Ignition Lane's weekly roundup: Zip's deal for Sezzle, Zeller's unicorn raise, several Australian funding rounds, Startmate backing Provvy, a space manufacturing grant, NZVC's first close, and tech's response to Russia.
Canberra is putting $20 million into an Adelaide space manufacturing project, matching the state government's earlier $20 million, with four local spacetech firms among the collaborators.
Canberra is putting $20 million from its Modern Manufacturing Initiative toward a space manufacturing park at Adelaide Airport, adding to state support, while a plant-protein consortium led by Australian Plant Proteins earlier secured $113 million.
Satellite IoT developer Fleet Space Technologies is setting up its first overseas headquarters in Houston, Texas, after a $26.4 million Series B round in November 2021 that drew three US investors.
Adelaide satellite firm Fleet Space is developing 3D-printed Alpha small satellites for launch from 2022, following its recent US$26.4 million Series B raise, with global connectivity coverage targeted by 2026.
Adelaide nanosatellite company Fleet Space raised a Series B valuing it at A$172 million, led by existing backers with new investors joining, to expand manufacturing, jobs and its satellite constellation.
Also Space Connect