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 Consumer. Most recently it participated in the $***** Series A round of 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 Soonicorns
Deals in last 12 months
Balerion Space Ventures' List of Top Investments
Balerion Space Ventures has a portfolio of 13 companies. 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, Consumer and 7 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
Provider of satellite imagery, data, and analytics for various industry applications. It offers tools for object detection, signature analysis, and measurement. It facilitates tasking satellites for image capture and provides access to archived data. Open data programs broaden analytics use for agriculture, planning, and disaster management. The system combines signals into a single stream for use in browsers or mobile devices.
Key facts about Skyfi
- Founded Year: 2021
- Location: Austin (United States)
- Stage: Series A
- Total Funding till date: $28.3M
- Employee Count: 90 as on Jun 30, 2026
- Investors: Karman, Buoyant Ventures 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 B
- Total Funding till date: $109M
- Employee Count: 120 as on Jun 30, 2026
- Investors: Susa Ventures, BoxGroup and 15 Others
- Latest Funding Round: Series B, Dec 08, 2025, $*****
- Highlight: Editors' Pick
Provider of satellite manufacturing, launch services, and cloud data constellations. The company offers end-to-end solutions for deploying assets into space. It focuses on providing access to space technology and data. The company designs space transportation systems and adheres to supply chain guidelines.
Key facts about Phantom Space
- Founded Year: 2019
- Location: Tucson (United States)
- Stage: Series A
- Total Funding till date: $37M
- Employee Count: 34 as on Jun 30, 2026
- Investors: Shift, Balerion Space Ventures and 6 Others
- Latest Funding Round: Series A, Mar 11, 2024, $*****
- 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: 328 as on Jun 30, 2026
- Investors: Crosslink Capital, Razor's Edge Ventures and 10 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: 372 as on Mar 31, 2026
- Investors: DFJ Growth, 137 Ventures 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, Environment and Aerospace, Maritime and Defense. 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 | 8 |
Energy | 2 |
Environment | 2 |
Aerospace, Maritime and Defense | 1 |
Others | 5 |
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 | 6562 | [+7] | |
Mar 2026 | United States | Series A | 6644 | [+4] | |
Feb 04, 2026 | United States | Series C | 2674 | [+2] | |
Jan 27, 2026 | United States | Series B | 9090 | ||
Jan 20, 2026 | United States | Seed | 6368 | [+2] |
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, 128 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 59 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 24 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
•
Fabri Raises $13.5 Million to Create Digital Foundry3DPrint.com•Jun 17, 2026•Fabri, Lavrock Ventures, Balerion Space Ventures, RTX and 4 others
•
Magrathea Raises $24M in Series A FundingFinSMEs•May 05, 2026•Magrathea Metals, WovenEarth, Avila Capital, and 6 others
•
•
Vast Raises $500 Million to Boost its Haven Space StationsPR Newswire•Mar 05, 2026•Vast, MUFG, Nikon, Balerion Space Ventures and 7 others
•
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
•
Balerion Space Ventures Invests in Machina Labs’ $124M Series CDallas Innovates•Feb 06, 2026•Balerion Space Ventures,
•
•
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
•
•
