When was Proteus Space founded?

Proteus Space was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Where is Proteus Space located?

Proteus Space is headquartered in Glendale, United States.

How many employees does Proteus Space have?

As of Aug 31, 2026, the latest employee count at Proteus Space is 20.

Is Proteus Space a funded company?

Proteus Space is a funded company, having raised a total of $14.4M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 10, 2023.

When was the latest funding round of Proteus Space?

Proteus Space's latest funding was a $***** Seed round on Mar 18, 2025, with participation from 5 investors.

Where does Proteus Space rank among its competitors?

Proteus Space ranks 8th amongst 321 active competitors, of which 26 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Dhruva Space, which secured $6.28M in Jul, 2026.

Who are the top competitors of Proteus Space?

Proteus Space's top competitors include Dhruva Space, D-Orbit and OHB. Among them, Dhruva Space secured the most recent funding round in July, 2026.

Proteus Space - 2026 Company Profile, Team, Funding & Competitors

Proteus Space is a seed company based in Glendale (United States), founded in 2021 by David Kervin and Andrew Shapiro. It operates as a Manufacturer of electronic propulsion systems. Proteus Space has raised $14.4M in funding from Moonshots Capital and Lavrock Ventures. The company has 321 active competitors, including 26 funded and 20 that have exited. Its top competitors include companies like Dhruva Space, D-Orbit and OHB.

Company Details

Manufacturer of electronic propulsion systems. It designs and develops multi-step field-emission thrusters with in-built collision avoidance systems for cube satellites. It has applications in low earth orbit, lunar, and Martian missions.

Website: proteus-space.com
Social
Email ID: *****@proteus-space.com

Key Metrics

Founded Year

2021

Location

Glendale, United States

Stage

Seed

Total Funding

$14.4M in 3 rounds

Latest Funding Round

Seed, Mar 18, 2025, $*****

Investors

Moonshots Capital & 8 more

Ranked

8^th among 321 active competitors

Employee Count

20 as on Aug 31, 2026

Similar Companies

Dhruva Space & 338 more

View Proteus Space's full profile

Proteus Space has raised a total funding of $14.4M over 3 rounds. Its first funding round was on Oct 10, 2023. Its latest funding round was a Seed round on Mar 18, 2025 for $*****. 5 investors participated in its latest round. Proteus Space has 9 institutional investors.

Here is the list of recent funding rounds of Proteus Space:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 18, 2025	4326382	Seed	5743852	6417602	7413484	8165079
Sep 30, 2024	3734439	Seed	6374473	7092894	1461445	SAIC
Oct 10, 2023	2955947	Seed	9370047	4426566	Moonshots Capital	Lavrock Ventures & 5 more

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View details of Proteus Space's funding rounds and investors

The founders of Proteus Space are David Kervin and Andrew Shapiro.

Here are the details of Proteus Space's key team members:

David Kervin: Co-Founder of Proteus Space.
Contact Info: 1 email address
Andrew Shapiro: Former Co-Founder of Proteus Space.

View details of Proteus Space's Founder profiles and Board Members

Proteus Space's employee count trend

Proteus Space has 20 employees as of Aug 26. Here is Proteus Space's employee count trend over the years:

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Top competitors of Proteus Space include Dhruva Space, D-Orbit and OHB. Here is the list of Top 10 competitors of Proteus Space, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Dhruva Space 2012, Hyderabad (India), Series A	Provider of full-stack space engineering solutions, satellite platforms, and launch services	$27.7M	Indian Angel Network, Blue Ashva Capital ... & 135 others	66/100
2nd	D-Orbit 2011, Fino Mornasco (Italy), Series D	Operator of orbital transportation, in-orbit servicing, and mission control software	$223M	Marubeni, Seraphim & 35 others	64/100
3rd	OHB 1981, Bremen (Germany), Public	Developer of space systems, aerospace structures, and digital technology applications	-	KKR, Europa & 1 others	62/100
4th	U-Space 2018, Toulouse (France), Series A	Developer of small satellite solutions, from preliminary studies to operations support	$34.8M	Blast.Club, ARIS & 5 others	61/100
5th	Redwire Space 2020, Jacksonville (United States), Public	Developer of diversified satellite components	-	B. Riley Financial, AE Industrial Partners ... & 3 others	61/100
6th	True Anomaly 2022, Centennial (United States), Series D	Developer of materials and products for space solutions	$1.03B	Riot, Accel & 20 others	60/100
7th	Turion Space 2020, Irvine (United States), Series B	Developer of autonomous satellites for debris removal and situational awareness	$79.8M	FoundersX Ventures, Washington Harbour Partners ... & 27 others	59/100
8th	Proteus Space 2021, Glendale (United States), Seed	Manufacturer of electronic propulsion systems	$14.4M	Moonshots Capital, Lavrock Ventures & 7 others	58/100
9th	Voyager Space 2019, Denver (United States), Public	Provider of systems and solutions for space applications	-	Silent Ventures, Seraphim & 4 others	58/100
10th	Scout Space 2019, Reston (United States), Series A	Developer of sensor systems, autonomy software, and data platforms for space	$29M	Center for Innovative Technology, Decisive Point ... & 11 others	58/100