Mining exploration satellite startup pockets $5 million Seed round
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.
Investor · 2 deals
Every published round Stellar Ventures took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Esper | Pre-seed | 5 Apr 2024 | $1m | Participant | SmartCompany (7 Mar 2025), SmartCompany (4 Mar 2025), Early VC | |
| Esper | Seed | 3 Mar 2025 | $5m | Participant | Paspalis, SmartCompany (7 Mar 2025), Startup Daily, SmartCompany (4 Mar 2025), Paspalis portfolio |
Companies Stellar Ventures has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Esper | 5 Apr 2024, Pre-seed | 2 | 0 |
Fund closes reported for Stellar Ventures, as distinct from the investments it has made.
Companies Stellar Ventures has backed that another company then bought. An exit for the holding, not a deal Stellar Ventures did.
Stories naming Stellar Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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.
Fremantle Seaweed, Vanable, FLK it over, Bae Juice, Nullify, Recce Pharmaceuticals, Broad Radio, VaultEscrow, Esper, Anni, CSF Enterprises, and Jupiter Ionics secured funding through various rounds including crowdfunding, seed, and grants.
Also SmartCompany·SmartCompany
TechCrunch profile of Esper, an Australian startup preparing low-cost hyperspectral satellites, recalling its $1 million pre-seed close, grants from a foundation and the federal government, and a Techstars accelerator stint.