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Q3 Space Investment Sets a Record, Venture Capital Firm Reports

Space investment in Q3 hit a record $3.5 billion, venture capital firm Seraphim Space said Friday. It reported investment over the past 12 months of $10.4 billion, just shy of the all-time high, $10.9 billion, set in Q2 2021. The…

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investment marks "a robust rebound" from the dip in 2022 and represents a broad base of activity, rather than a few particularly big fundraising rounds, it said. Most of the investment activity is in the U.S., but there's also growth in China driven by a few high-value transactions, the firm noted.