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The original item was published from 4/12/2021 8:23:00 AM to 7/1/2021 12:00:02 AM.

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Posted on: April 12, 2021

[ARCHIVED] Spaced Ventures Closes Pre-Seed Round To Democratize Space Investment

Spaced Ventures Closes Pre-seed Round to Democratize Space Investment

BROWNSVILLE, Texas (April 6, 2021) – Spaced Ventures officially closed their pre-seed round earlier this month as they prepare to launch the first investment platform aimed at opening access to high-quality Space investment opportunities. Democratized Space investment provides critical early-stage capital to Space startups who have few alternatives to get their businesses off the ground.

This early strategic round of capital also helps build out the company’s venture network, as they work towards creating the largest community of Space investors in the world. Spaced Ventures’ early investors include Morgan Brook and Helios Capital.

"We are excited to launch our platform in the coming weeks, finally giving public access to compelling investment opportunities across a variety of Space technology verticals," said Aaron Burnett, CEO and founder of Spaced Ventures.

Renowned Space investor, CEO of Voyager Space Holdings, and Managing Partner of Morgan

Brook, Dylan Taylor recognized the strategic value of Spaced Ventures and led the early pre-seed round. “We saw a unique opportunity to invest in a company that identified a gap in capital formation for Space and created innovative tools to fill it. We believe that Spaced Ventures will be a key part of the capital formation and an important partner to other institutional investors.”

"Traditional capital formation in the nascent Space industry is starting to take place but early stage funding is still difficult to secure," said J. Brant Arseneau, founder of Spaced Ventures. "Our mission is to address this need by connecting new public capital to early stage Space companies, igniting innovation, and democratizing private investing." The company is building out its investment operations center in collaboration with the City of Brownsville as part of its commitment to build a NewSpace ecosystem.

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