Proteus Space - About the company
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 325 active competitors, including 28 funded and 21 that have exited. Its top competitors include companies like Rocket Lab, Dhruva Space and Astro Digital.
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
Investors
Ranked
12th among 325 active competitors
Employee Count
21 as on Sep 30, 2026
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Proteus Space's funding and investors
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 | 3605371 | Seed | 7040430 | 3795187 | 5263198 | 2145389 |
Sep 30, 2024 | 6478443 | Seed | 2803705 | 2358417 | 4652592 | |
Oct 10, 2023 | 7703064 | Seed | 5732199 | 2758240 |
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Proteus Space's founders and board of directors
Founder? Claim ProfileThe 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 21 employees as of Sep 26. Here is Proteus Space's employee count trend over the years:
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Proteus Space's Competitors and alternates
Top competitors of Proteus Space include Rocket Lab, Dhruva Space and Astro Digital. Here is the list of Top 10 competitors of Proteus Space, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Rocket Lab 2006, Long Beach (United States), Public | Developer of space systems and launch services | $288M | 70/100 | |
2nd |  Dhruva Space 2012, Hyderabad (India), Series A | Provider of full-stack space engineering solutions, satellite platforms, and launch services | $37.4M | 70/100 | |
3rd | Astro Digital 2015, Littleton (United States), Series A | Provider of space infrastructure for developing, deploying, and operating customer missions | $37.2M | 66/100 | |
4th | Operator of orbital transportation, in-orbit servicing, and mission control software | $223M | 66/100 | ||
5th | Developer of space systems, aerospace structures, and digital technology applications | - | 64/100 | ||
6th | Developer of small satellite solutions, from preliminary studies to operations support | $34.8M | 63/100 | ||
7th |  True Anomaly 2022, Centennial (United States), Series D | Developer of materials and products for space solutions | $1.03B | 62/100 | |
8th |  Turion Space 2020, Irvine (United States), Series B | Developer of autonomous satellites for debris removal and situational awareness | $79.8M | 61/100 | |
9th |  Redwire Space 2020, Jacksonville (United States), Public | Developer of diversified satellite components | - | 61/100 | |
10th |  Scout Space 2019, Reston (United States), Series A | Developer of sensor systems, autonomy software, and data platforms for space | $29M | 60/100 | |
12th | Proteus Space 2021, Glendale (United States), Seed | Manufacturer of electronic propulsion systems | $14.4M | 58/100 |
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Proteus Space's Investments and acquisitions
Proteus Space has made no investments or acquisitions yet.
Reports related to Proteus Space
Here is the latest report on Proteus Space's sector:
News related to Proteus Space
Media has covered Proteus Space for 1 event in last 1 year, It was about company updates.
•
Proteus Space Launches First AI Designed Spacecraft, Sets Multiple RecordsSpaceNews•Dec 02, 2025•Proteus Space
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Proteus Space Selected by NASA for Rapid Spacecraft Conceptual Design StudySpaceNews•Sep 25, 2025•Proteus Space, NASA
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Proteus Space secures $6.1M funding, lands first customer, and unveils automated design breakthrough.SpaceNews•Mar 18, 2025•Proteus Space
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GomSpace North America Selected by Proteus Space’s AI Design Platform for Groundbreaking Satellite MissionCision•Oct 29, 2024•GomSpace, Proteus Space
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Proteus Space Secures Major Investment and Partnership with SAICSpaceNews•Oct 23, 2024•Proteus Space, SAIC
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SAIC and Wind River Expand Strategic Partnership to Accelerate Development and Deployment of Mission-Critical SystemsGlobeNewswire•Oct 16, 2024•SAIC, Wind River, Proteus Space
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Proteus Space raises seed funding for AI-assisted smallsat developmentSpaceNews•Oct 11, 2023•Proteus Space, Moonshots Capital, Lavrock Ventures, The Veteran Fund and 4 others
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