Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Start-Up Space Report Shows More Venture Capital Invested In 2015 Than In Prior 15 Years Combined
http://spaceref.biz/company/tauri-group-1/start-up-space-report-shows-more-venture-capital-invested-in-2015-than-in-prior-15-years-combined.html
Start-Up Space Report Shows More Venture Capital Invested In 2015 Than In Prior 15 Years Combined
Press Release - Source: Tauri Group
Posted February 22, 2016 1:25 PM
The year 2015 was a record-setting year for start-up space ventures with investment and debt financing of $2.7 billion (excluding debt financing, $2.3 billion). Nearly twice as much venture capital ($1.8 billion) was invested in space in 2015 than in the prior 15 years, combined. More than 50 venture capital firms invested in space deals in 2015, the most in any year during the 15-year study period (2000-2015).
<snip>
"Sophisticated senior investors believe that significant returns from space ventures are possible and are willing to accept the risk for those transformative results," says Carissa Christensen, managing partner of The Tauri Group and advisor to several start-ups. Angel and VC investors--many involved in the largest deals in 2015--talked to The Tauri Group about their outlook and motivations. Interviewees attributed the increase in venture investment in space to more attractive opportunities and to successful exits (that is, situations in which early investors have seen returns on their investments). One investor sums up expectations succinctly, "You can now make money with space investment, which wasn't largely a true statement before."
<snip>
Investors in space companies are primarily based in the United States, representing 66 percent of the total: California is home to half of these investors. The non-U.S. investors, representing 34 percent, are based in 25 countries.
<snip>
The report and the project on which Start-Up Space is based were funded in part through a research grant from the Emerging Space Office located at NASA Ames Research Center in support of the Office of the Chief Technologist at NASA Headquarters.
<snip>
Start-Up Space Report Shows More Venture Capital Invested In 2015 Than In Prior 15 Years Combined
Press Release - Source: Tauri Group
Posted February 22, 2016 1:25 PM
The year 2015 was a record-setting year for start-up space ventures with investment and debt financing of $2.7 billion (excluding debt financing, $2.3 billion). Nearly twice as much venture capital ($1.8 billion) was invested in space in 2015 than in the prior 15 years, combined. More than 50 venture capital firms invested in space deals in 2015, the most in any year during the 15-year study period (2000-2015).
<snip>
"Sophisticated senior investors believe that significant returns from space ventures are possible and are willing to accept the risk for those transformative results," says Carissa Christensen, managing partner of The Tauri Group and advisor to several start-ups. Angel and VC investors--many involved in the largest deals in 2015--talked to The Tauri Group about their outlook and motivations. Interviewees attributed the increase in venture investment in space to more attractive opportunities and to successful exits (that is, situations in which early investors have seen returns on their investments). One investor sums up expectations succinctly, "You can now make money with space investment, which wasn't largely a true statement before."
<snip>
Investors in space companies are primarily based in the United States, representing 66 percent of the total: California is home to half of these investors. The non-U.S. investors, representing 34 percent, are based in 25 countries.
<snip>
The report and the project on which Start-Up Space is based were funded in part through a research grant from the Emerging Space Office located at NASA Ames Research Center in support of the Office of the Chief Technologist at NASA Headquarters.
<snip>
Report PDF: http://space.taurigroup.com/reports/Start_Up_Space.pdf
Via http://nasawatch.com/archives/2016/02/2015-saw-23-bil.html
