About Generation Space
Generation Space is a venture capital firm founded in 2016. It is primarily based out of San Francisco, United States. As of Feb 2025, Generation Space has invested in 48 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Food and Agriculture Tech. Most recently it participated in the $***** Series A round of Adaptive Insurance Overall, Generation Space portfolio has seen 1 unicorn, 4 IPOs and 2 acquisitions including key companies like AST & Science, ICEYE and Astroscale. A lot of funds co-invest with Generation Space, with names like HSBC sharing a substantial percentage of its portfolio. Generation Space has team of 11 people including 5 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A
Portfolio IPOs
Portfolio Unicorns
Generation Space's List of Top Investments
Generation Space has a portfolio of 48 companies, one of which is a Unicorn. Their most notable investments include AST & Science and ICEYE.Their portfolio spans across United Kingdom, United States, Canada and 10 more locations. They have invested in High Tech, Enterprise Applications, Food and Agriculture Tech and 17 other sectors, across stages such as Series A stage. Here is the list of top investments by Generation Space:Provider of satellite-based cellular broadband network services. It provides users with a platform that designs and manufactures miniature satellites for low-Earth orbit. It has multiple features, including accelerated launch times and defence against external threats.
Key facts about AST & Science
- Founded Year: 2017
- Location: Midland (United States)
- Annual Revenue: $50M - $100M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $128M
- Employee Count: 1,022 as on May 31, 2026
- Investors: B. Riley Financial, AT&T and 10 Others
- Latest Funding Round: Post IPO, Feb 07, 2025, $*****
- Highlight: Public
2. ICEYE
Manufacturer of radar satellite constellations providing persistent earth observation imagery. These systems deliver radar data to detect and monitor physical changes on the surface of the planet. The technology functions through cloud cover and darkness to provide imagery for environmental monitoring, infrastructure assessment, and disaster impact analysis. The hardware enables the collection of radar intelligence for various monitoring requirements.
Key facts about ICEYE
- Founded Year: 2014
- Location: Espoo (Finland)
- Annual Revenue: €100M - €500M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $1.25B
- Employee Count: 970 as on May 31, 2026
- Investors: TCV, Qatar Investment Authority and 50 Others
- Latest Funding Round: Series F, Jun 09, 2026, $*****
- Highlight: Editors' Pick
3. Astroscale
Developer of satellite solutions for space debris removal. It provides users with an end-to-end rendezvous solution, which consists of two spacecraft to be launched stacked together. It leverages proximity rendezvous technologies and a magnetic capture mechanism, while another has a docking plate for capturing the debris. It also developed a micro-lite satellite for the in-situ debris environment awareness missions.
Key facts about Astroscale
- Founded Year: 2013
- Location: Sumida City (Japan)
- Annual Revenue: $10M - $50M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $384M
- Employee Count: 482 as on May 31, 2026
- Investors: SBI Investment, Mistletoe and 43 Others
- Latest Funding Round: Conventional Debt, Oct 06, 2023, $*****
- Highlight: Public
4. Spire
Provider of space-based data, analytics, and space services using a large nanosatellite constellation in low orbit. The company collects and processes radio-frequency and atmospheric signals to deliver actionable insights for weather and climate, aviation, maritime, government, and security use cases, including RF geolocation, flight tracking, ship tracking, and greenhouse gas monitoring. It also offers space-as-a-service solutions that let customers deploy custom payloads and dedicated constellations on its platform, with end-to-end manufacturing, ground station network, and constellation management tools accessible via APIs and dashboards.
Key facts about Spire
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $50M - $100M as on Dec 31, 2025
- Stage: Acquired
- Total Funding till date: $248M
- Employee Count: 511 as on May 31, 2026
- Investors: RRE Ventures, Mitsui and 41 Others
- Latest Funding Round: Post IPO, Apr 08, 2026, $*****
- Highlight: Acquired
5. Pixxel
Operator of imaging satellites providing earth observation data solutions. The company is creating the space infrastructure needed to monitor the health of the planet. The company designs, builds, and operates advanced satellites, starting with the world’s highest-resolution commercial hyperspectral constellation, expanding to a full-stack intelligence layer that combines satellites, data, and analytics. These tools support decision-making across sectors, including agriculture, energy, environment, forestry, mining, and government. The company offers access to imagery and analytics through its platform
Key facts about Pixxel
- Founded Year: 2019
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $96M
- Employee Count: 177 as on Mar 31, 2026
- Investors: Blume Venture, Google and 33 Others
- Latest Funding Round: Grant (prize money), Jun 11, 2025, $*****
- Highlight: Editors' Pick
Generation Space's Year-on-Year Investment Trends
In 2025, it made 1 investment. Its most recent first time investment was in Adaptive Insurance.Generation Space's Investments by Stage
Generation Space has made 2 investments in Series A stage with an average round size of $10.4M.Generation Space's Investments by Sector
Generation Space has a diverse portfolio, with companies operating in the Environment Tech, FinTech, Financial Services, InsurTech and Real Estate and Construction Tech. Notably, it has invested in 46 Tech companies, 44 Enterprise (B2B) companies, 29 Software companies and at least 25 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Environment Tech | 1 |
FinTech | 1 |
Financial Services | 1 |
InsurTech | 1 |
Real Estate and Construction Tech | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Generation Space's Investments by Geography
Generation Space has made most investments in United States (2).Generation Space's recent investments
Generation Space has not made any investment in 2026 so far.Here are the most recent investments by Generation Space:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 07, 2025 | United States | Series A | 2978 | [+1] | |
Oct 07, 2024 | United States | Series A | 5910 | [+2] |
Unicorns in Generation Space's Portfolio
Generation Space has 1 unicorn in its portfolio - ICEYE. The most recent unicorn in their portfolio is ICEYE which became a unicorn in 2025.Here is a list of unicorns in Generation Space's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
72 | Manufacturer of radar satellite constellations providing persistent earth observation imagery | 2014 | Espoo | Series F | i{cmg{w |
IPOs and Publicly Listed companies in Generation Space's Portfolio
4 of Generation Space's portfolio companies have become public. HawkEye 360 got listed on the New York Stock Exchange (NYSE), in May 2026 at marketcap of $2.42B and Astroscale got listed on the Tokyo Stock Exchange (TSE) at marketcap of $495M.Here are Generation Space's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 07, 2026 | - | - | 3942 | |
Jun 05, 2024 | - | - | 1799 | |
Sep 07, 2021 | - | - | 4683 | |
Nov 01, 2019 | - | - | 5439 |
Acquired companies in Generation Space's Portfolio
2 companies from Generation Space's portfolio have been acquired. The most recent acquisition was Spire in Nov 2024 by Kpler for $*****.Here are Generation Space's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 01, 2024 | - | - | 3485 | |
Jun 23, 2020 | - | - | 3751 |
Team profile of Generation Space
Generation Space has a team of 11 members including 5 Partners, 1 Venture Partner and 2 Principals located in United Kingdom, France and 1 more location. Generation Space's team sits on the board of 1 company.Here is a list of top team members in Generation Space:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | ||
Partner | Nice | - | ||
Partner | London | |||
Partner | Lancaster | - | - | |
Partner | - | - | - | |
Venture Partner | United Kingdom | - | ||
Principal | London | - | - | |
Principal | - | - |
Co-investors of Generation Space
Over the past 2 years, 18 investors have co-invested in Generation Space's portfolio companies. This includes funds and angels.
- Invested before Generation Space: IA Capital Group, Blue Bear Capital and 13 others have invested in rounds before Generation Space. There is 1 company where IA Capital Group has invested before Generation Space and 1 company where Blue Bear Capital has invested before Generation Space.
- Top Co-investors of Generation Space: 3 investors entered a company along with Generation Space. These include investors like HSBC (1 company).
Recent News related to Generation Space
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Adaptive Insurance Raises $5M in FundingFinSMEs•Feb 25, 2025•Adaptive Insurance, Congruent Ventures, Montauk Climate, Generation Space and 1 other
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Delos Insurance raised $9 mn in a Series A funding roundBeinsure•Nov 13, 2024•Delos, , IA Capital Group, Blue Bear Capital and 2 others
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Delos in California Secures Another $9M FundingInsurance Journal•Nov 01, 2024•Delos, HSBC, IA Capital Group, Blue Bear Capital and 2 others
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Delos in California Raises $7.3M in Seed Extension Round Led by IA Capital GroupInsurance Journal•Sep 14, 2023•Delos, IA Capital Group, Blue Bear Capital, Gallatin Point Capital and 6 others
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Applications open for Seraphim Space’s latest SpaceTech acceleratorBusiness Leader•Jul 20, 2023•Seraphim, Generation Space
