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 Jun 30, 2026, the latest employee count at Proteus Space is 23.

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 7th amongst 319 active competitors, of which 25 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Dhruva Space, which secured $11M in May, 2026.

Who are the top competitors of Proteus Space?

Proteus Space's top competitors include Dhruva Space, True Anomaly and OHB. Among them, Dhruva Space secured the most recent funding round in May, 2026.

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

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

7^th among 319 active competitors

Employee Count

23 as on Jun 30, 2026

Similar Companies

Dhruva Space & 336 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	9609359	Seed	1371505	4803095	7570291	9860266
Sep 30, 2024	3189006	Seed	1950968	4899187	9195614	SAIC
Oct 10, 2023	8948159	Seed	3249022	9417737	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 23 employees as of Jun 26. Here is Proteus Space's employee count trend over the years:

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Top competitors of Proteus Space include Dhruva Space, True Anomaly 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	$21.4M	Indian Angel Network, Blue Ashva Capital ... & 132 others	66/100
2nd	True Anomaly 2022, Centennial (United States), Series D	Developer of materials and products for space solutions	$1.03B	Riot, Eclipse & 19 others	64/100
3rd	OHB 1981, Bremen (Germany), Public	Developer of space systems, aerospace structures, and digital technology applications	-	KKR, Europa & 1 others	61/100
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, Genesis Park & 3 others	61/100
6th	Voyager Space 2019, Denver (United States), Public	Provider of systems and solutions for space applications	-	Seraphim, Silent Ventures & 3 others	58/100
7th	Proteus Space 2021, Glendale (United States), Seed	Manufacturer of electronic propulsion systems	$14.4M	Lavrock Ventures, SAIC & 7 others	58/100
8th	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 ... & 9 others	57/100
9th	Telespazio 1961, Rome (Italy), Funding Raised	Developer of satellite-based communication solutions	-	Europa	56/100
10th	Umbra 2015, Arlington (United States), Series A	Developer of synthetic aperture radar (SAR) satellite technology and data services	$32.4M	Nimble Ventures, Starbridge Venture Capital ... & 15 others	56/100