About Balerion Space Ventures
Balerion Space Ventures is a venture capital firm founded in 2022. It is primarily based out of Dallas, United States. As of Mar 2026, Balerion Space Ventures is an active investor, having invested in 13 companies, with 5 new investments in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Aerospace, Maritime and Defense Tech and Enterprise Applications. Most recently it participated in the $***** Series A round of Vast Overall, Balerion Space Ventures portfolio has seen 1 unicorn, namely Vast. A lot of funds co-invest with Balerion Space Ventures, with names like Alumni Ventures sharing a substantial percentage of its portfolio. Balerion Space Ventures has team of 11 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Balerion Space Ventures' List of Top Investments
Balerion Space Ventures has a portfolio of 13 companies, one of which is a Unicorn. Their most notable investments are in Vast and Antares Industries.Their portfolio spans across United States and United Kingdom. They have invested in High Tech, Aerospace, Maritime and Defense Tech, Enterprise Applications and 6 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Balerion Space Ventures:1. Skyfi
SkyFi is an Austin-based Earth intelligence platform that gives governments, enterprises, and developers a single point of access to commercial satellite data. The platform aggregates optical, SAR, RF, and AIS collection from more than 40 providers under one contract and one compliance envelope, so users can search archive imagery, task new satellite captures, and run analytics without negotiating separate agreements with each operator.Users can work through the web app, mobile app, API, or the SkyFi MCP server, which exposes the platform's search, tasking, ordering, and analytics tools to AI agents. Rowan, SkyFi's agentic GEOINT orchestration layer, plans and executes multi-source collection and analysis on behalf of analysts and automated workflows. Built-in analytics cover object, vehicle, vessel, and building detection, vegetation and water indices, and change monitoring. SkyFi also operates a federal subsidiary serving U.S. defense and intelligence customers, with delivery into edge tools such as ATAK and GIS environments such as ArcGIS.Founded in 2021 by Luke Fischer and Bill Perkins, SkyFi serves customers in defence, energy, agriculture, insurance, finance, and disaster response.
Key facts about Skyfi
- Founded Year: 2021
- Location: Austin (United States)
- Stage: Series A
- Total Funding till date: $28.3M
- Employee Count: 91 as on Jul 31, 2026
- Investors: IronGate Capital Advisors, Karman and 10 Others
- Latest Funding Round: Series A, Jul 23, 2025, $*****
- Highlight: Editors' Pick
Antares Industries is a company focused on providing abundant energy from Earth to the Asteroid Belt. They are building micro-sized nuclear reactors to power remote off-grid locations.
Key facts about Antares Industries
- Founded Year: 2023
- Location: Los Angeles (United States)
- Stage: Series C
- Total Funding till date: $479M
- Employee Count: 128 as on Jul 31, 2026
- Investors: Susa Ventures, Atacama Ventures and 17 Others
- Latest Funding Round: Conventional Debt, Jul 27, 2026, $*****
- Highlight: Editors' Pick
3. Machina Labs
Manufacturer of AI & Robotics solutions. It enables iteration and innovation to design, engineering, and production of robotics.
Key facts about Machina Labs
- Founded Year: 2018
- Location: Los Angeles (United States)
- Stage: Series C
- Total Funding till date: $223M
- Employee Count: 112 as on Jul 31, 2026
- Investors: Innovation Endeavors, NVentures and 10 Others
- Latest Funding Round: Series C, Feb 04, 2026, $*****
- Highlight: Editors' Pick
Manufacturer of solid rocket motors and provider of flight services. The company designs, builds, and tests solid rocket motor technology. It delivers customizable solid rocket motors using advanced manufacturing techniques. The company also offers flight test services using modular boost platforms.
Key facts about X-Bow Systems
- Founded Year: 2016
- Location: Albuquerque (United States)
- Stage: Series B
- Total Funding till date: $157M
- Employee Count: 339 as on Jul 31, 2026
- Investors: Top Corner Capital, Razor's Edge Ventures and 11 Others
- Latest Funding Round: Conventional Debt, Nov 14, 2025, $*****
- Highlight: Editors' Pick
Provider of affordable in-space payload delivery services. This company offers transportation of payloads to various orbital destinations, including medium Earth orbit (MEO), geostationary orbit (GEO), and beyond. They utilize specialized vehicles designed for diverse mission profiles, enabling efficient and cost-effective access to space. The company focuses on providing reliable and accessible launch capabilities for a range of payload types and sizes.
Key facts about Impulse Space
- Founded Year: 2021
- Location: Redondo Beach (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $1.02B
- Employee Count: 525 as on Jul 31, 2026
- Investors: 137 Ventures, DFJ Growth and 24 Others
- Latest Funding Round: Series D, Apr 08, 2026, $*****
- Highlight: Editors' Pick
Balerion Space Ventures' Year-on-Year Investment Trends
Balerion Space Ventures has invested in 13 companies over the last 3 years, with an average of 4 new investments annually in the last 3 years. In 2025, it made 7 investments, while as of Mar 2026, it has made 5 investments in this year. Its most recent first time investment was in Vast and most recent follow-on round was in Northwood Space.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 2 | 5 |
2025 | 5 | 2 | 7 |
2024 | 4 | 0 | 4 |
2023 | 1 | 0 | 1 |
Balerion Space Ventures' Investments by Stage
Balerion Space Ventures has made 4 investments in Seed stage with an average round size of $9.83M, 4 investments in Series A stage with an average round size of $118M, 4 investments in Series B stage with an average round size of $91.3M and 1 investment in Series C stage with an average round size of $124M.Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Series A | 4 |
Series B | 4 |
Series C | 1 |
Note: We have considered here, only first round of investments
Balerion Space Ventures' Investments by Sector
Balerion Space Ventures has a diverse portfolio, with companies operating in the High Tech, Aerospace, Maritime and Defense Tech, Energy, Enterprise Applications and Environment. Notably, it has invested in 12 Tech companies, 10 Enterprise (B2B) companies, 9 Tech hardware companies and at least 4 companies focusing on Software.Sector | No. of Investments |
|---|---|
High Tech | 12 |
Aerospace, Maritime and Defense Tech | 7 |
Energy | 2 |
Enterprise Applications | 2 |
Environment | 2 |
Others | 4 |
Note: We have considered here, only first round of investments
Balerion Space Ventures' Investments by Geography
Balerion Space Ventures has made most investments in United States (12), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 12 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Balerion Space Ventures' recent investments
Balerion Space Ventures has made 5 investments in 2026 so far. Vast and Magrathea Metals are the latest among them.Here are the most recent investments by Balerion Space Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 05, 2026 | United States | Series A | 4416 | [+7] | |
Mar 2026 | United States | Series A | 4588 | [+4] | |
Feb 04, 2026 | United States | Series C | 4605 | [+2] | |
Jan 27, 2026 | United States | Series B | 8991 | ||
Jan 20, 2026 | United States | Seed | 3823 | [+2] |
Unicorns in Balerion Space Ventures' Portfolio
Balerion Space Ventures has 1 unicorn in its portfolio - Vast. The most recent unicorn in their portfolio is Vast which became a unicorn in 2026.Here is a list of unicorns in Balerion Space Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
59 | Developer of commercial space stations designed for long-term space habitation | 2021 | Long Beach | Series A | kplqhed |
Team profile of Balerion Space Ventures
Balerion Space Ventures has a team of 11 members including 3 Partners and 1 Principal located in United States and Italy. Balerion Space Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Balerion Space Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Dallas | - | ||
Partner | Los Angeles | - | ||
Partner | Italy | - | ||
Principal | New York | - |
Co-investors of Balerion Space Ventures
Over the past 3 years, 130 investors have co-invested in Balerion Space Ventures's portfolio companies. This includes funds and angels.
- Invested before Balerion Space Ventures: Founders Fund, Lockheed Martin and 58 others have invested in rounds before Balerion Space Ventures. There are 3 companies where Founders Fund has invested before Balerion Space Ventures and 2 companies where Lockheed Martin has invested before Balerion Space Ventures.
- Top Co-investors of Balerion Space Ventures: 43 investors entered a company along with Balerion Space Ventures. These include investors like Alumni Ventures (2 companies).
- Invested after Balerion Space Ventures: A total of 27 investors have invested in Balerion Space Ventures's portfolio after their investments. Top Investors include Buoyant Ventures (1 company), IronGate Capital Advisors (1 company) and DNV (1 company).
Recent News related to Balerion Space Ventures
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Fabri Raises $13.5 Million to Create Digital Foundry3DPrint.com•Jun 17, 2026•Fabri, Lavrock Ventures, Balerion Space Ventures, RTX and 4 others
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Magrathea Raises $24M in Series A FundingFinSMEs•May 05, 2026•Magrathea Metals, WovenEarth, Avila Capital, and 6 others
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Vast Raises $500 Million to Boost its Haven Space StationsPR Newswire•Mar 05, 2026•Vast, MUFG, Nikon, Balerion Space Ventures and 7 others
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Ayar Labs Closes $500M Series E, Accelerates Volume Production of Co-Packaged OpticsBusiness Wire•Mar 03, 2026•Alchip Technologies, Sequoia Capital, Boardman Bay Capital Management, Insight Partners and 24 others
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Balerion Space Ventures Invests in Machina Labs’ $124M Series CDallas Innovates•Feb 06, 2026•Balerion Space Ventures,
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Balerion Space Ventures Invests in Northwood Space's $100M Series B RoundPR Newswire•Jan 28, 2026•Northwood Space, Balerion Space Ventures, Washington Harbour Partners, Andreessen Horowitz and 6 others
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