CAPE CANAVERAL, Fla.,
Oct. 15, 2021 /PRNewswire/
-- Spaced Ventures Inc., a crowdfunding platform that allows
everyday people to invest in space startups, today announced that
it has raised a $1.2 million seed
round of financing led by WorldQuant Ventures with participation
from well-respected angel investors in the space industry,
including Alex Fisher.
Spaced Ventures was built to address the funding gap for
early-stage space companies and to give space enthusiasts the
ability to invest as little as $100
and own shares in emerging space startups across a variety of
verticals.
"Until now, investing in private space companies has been
limited to high-net-worth investors," said Aaron Burnett, co-founder and CEO of Spaced
Ventures. "The excitement for the space industry has never been
greater and this unprecedented access to space investing will spur
innovation and will be the key to putting humanity into space
permanently."
Since launching in 2020, and becoming a FINRA Funding Portal
Member, Spaced Ventures has gained incredible traction and has
mobilized one of the largest communities of space investors on the
planet. The company has already received over 100 applications from
space startups looking to raise capital and 1700 potential
investors have registered on the site. Since opening the platform
to the public in September 2021,
three space companies have already received over $600,000 in commitments from Spaced Ventures'
investors with an average individual investment of over
$2,300. Additionally, Mr. Arseneau
has been named as an Ambassador for the Canadian Space Agency to
educate and inspire a passion for space with the next generation of
youth, which will further help to grow the space
community.
Spaced Ventures anticipates using this funding to double its
team and to launch new financial products for its investor base and
its portfolio of space companies.
"Spaced Ventures is a pioneering force ushering in a new era for
the space industry," said Steve Lau,
managing partner of WorldQuant Ventures. "Efficient financial
technology has never been more compelling, and Spaced Ventures'
flexible and alternative funding options for early stage space
companies are fulfilling a critical need at a pivotal time."
About Spaced Ventures
Spaced Ventures is the leading
equity crowdfunding portal dedicated solely to space. The company
addresses the funding gap for early-stage space companies and gives
the public the ability to invest as little as $100 into emerging space startups. Based in
Florida, Texas and Canada, the company aims to be the largest
community of space investors on the planet. Spaced Ventures Inc. is
the parent company of SV Portal LLC (collectively, "Spaced
Ventures"). SV Portal LLC is registered with the SEC as a funding
portal member and is a member of FINRA. All investing involves the
risk of loss. Learn more at spacedventures.com.
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SOURCE Spaced Ventures