Test updated guide
An introduction to Space Tech
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We have entered the New Space Economy in which space is no anymore the exclusive playground of governments, but increasingly a frontier for private companies and startups.
Decreasing cost of access to space etc etc
This commercialization of space has opened the gate to xx$B in VC funding since 2016.
reached $5.1B in funding in 2022, down from a peak of $8B in 2021.
https://app.dealroom.co/transactions.rounds/f/growth_stages/not_mature/industries/anyof_space/rounds/not_GRANT_SPAC%20PRIVATE%20PLACEMENT/tags/not_outside%20tech?showStats=YEAR&sort=-amount&statsType=rounds
The US has been the clear leader in
attracting xx% of the global investments
SpaceX alone has raised over $8.6B in VC funding, with the latest $750M financing in January 2023 valuing it at $137B, the 2nd most valued private startup in the world behind ByteDance (TikTok owner).
https://app.dealroom.co/curated-heatmaps/funding/location/f/growth_stages/not_mature/industries/anyof_space/rounds/not_GRANT_SPAC%20PRIVATE%20PLACEMENT/tags/not_outside%20tech?endYear=2022&interval=yearly&rows=~latin_america~~africa~europe~oceania~~united_states~~canada~china~india&showStats=table&sort=-_2022&startYear=2016&type=amount
Investment by country
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To understand the underlying dynamics on a global scale, the below section shows investment by country. Africa and a few places in Europe were the only ones experiencing growth on the previous year.
Notable growth regions include many parts of Africa, Saudi Arabia, Romania, Portugal, Kenya, Thailand, Malaysia, and Italy.
This table shows data from Dealroom for venture capital investment by destination in billions of dollars for different countries and continents. The below table includes the percentage change in the last 12 months, 24 months, and 5 years, as well as the investment amount in between 2010 and 2022.
By default, the table is sorted by 2022 investment and shows the top 5 countries: the US, China, the UK, and India. Double-clicking on “last 12 months” growth shows the fastest-growing countries.
The top three countries globally for venture capital investment in 2022 are the United States, China, and the United Kingdom. The US is way out in front with over $234 billion invested, while China and the UK have around $488 billion and $299 billion invested respectively.
When we look at the continents, it seems like Europe and Asia are the top performers. Europe has the UK, France, Germany, and Israel in the top 10, while Asia has China, India, Singapore, and South Korea. North America also has a strong showing with the US and Canada in the top 10.
It’s also worth noting that the majority of countries show a decrease in investment from the previous year. The top 3 countries, US, China and UK have decreased by -35%, -40% and -27% respectively.
Launch vehicles race
Satellite race
Earth observation
Moonshots
Discover more in our recently published European Space Tech report in partnership with the European Space Agency (ESA) and Fondazione E. Amaldi.
Billionaires investing in space
SaaS (Software-as-a-Service) has steadily become the most prominent investment category in venture capital. In 2022, 45% of venture capital was invested in startups with a SaaS business model.
The rise of SaaS has been especially pronounced in early-stage investing.
What is SaaS?
About 88% of all SaaS investment goes to startups with a business (B2B) client focus (including both enterprise and SME). The remaining 12% are startups focused on consumers (B2C).
So SaaS is primarily B2B, but there is a grey area between B2B and B2C. Examples of notable B2C-ish SaaS companies include 1Password, Epic Games, and Taxfix. B2C can also be a bottom-up enterprise sales model in disguise.
Key verticals in B2B SaaS
Subverticals