[ad_1]
Airbus Ventures has secured a $155 million fund aimed at investing in the space industry and other deep tech startups. The fund, named “Fund-Y,” is focused on early-stage companies that tackle difficult technological challenges.

Unlike traditional corporate venture capital arms, Airbus Ventures operates independently from its namesake corporation, Airbus. The firm has raised a total of $465 million under management, with Fund-Y being its fourth fund.

About one-third of Airbus Ventures’ investments have been in space startups, including companies like Impulse, ispace, and LeoLabs. The firm emphasizes the importance of backing founders with exceptional execution skills, pointing to the success of companies like Impulse, founded by Tom Mueller of SpaceX fame.

Airbus Ventures plans to deploy Fund-Y globally, with a particular focus on the growing momentum of space startups in Europe and Japan. The firm believes in the long-term potential of investing in deep tech startups and is committed to supporting companies that are pushing the boundaries of what is possible in technology.

[ad_2]
SOURCE