NewSpace Capital
NewSpace Capital is a Luxembourg-based specialist private equity firm founded in 2018 that invests growth-stage capital into commercial space supply chain and downstream companies, targeting Series B and beyond. It serves institutional LPs seeking space exposure and space-tech founders requiring sector-experienced capital.
- Company typePrivate
- Founded2018
- HeadquartersMünsbach, Luxembourg
- Headcount11–50
- GTM typeB2B
- OfferingServices
What NewSpace Capital does
NewSpace Capital is a Luxembourg-domiciled specialist private equity firm founded in 2018 by Felix von Schubert and Bogdan Gogulan, focused exclusively on growth-stage investments in the space and space-related industries. The firm pursues a deliberate "picks & shovels" thesis, targeting Series B and later-stage companies with at least €5M of recurring commercial revenue across the space supply chain and downstream data/services segments, rather than speculative upstream operators. Its disclosed portfolio of eight companies spans synthetic aperture radar (ICEYE), Earth observation analytics (Kayrros), optical communications (Cailabs), optical payloads (Simera Sense), satellite platforms (York Space Systems, K2 Space), composite materials (FibreCoat), and active phased-array communications (CesiumAstro).
The firm's core differentiator is sector specialization: the investment team carries 150+ years of combined space and technology deal experience, with senior personnel drawn from incumbents including SES, Arianespace, Airbus Ventures, JPMorgan, and ADIA/G42, and has executed or supported €15B+ in space and technology transactions across prior roles. NewSpace Capital generates revenue through conventional private equity mechanics — management fees on committed fund AUM and performance fees/carry on realizations — supplemented by co-invest deployment alongside strategic and institutional capital partners. The firm is headquartered at 39, Avenue John F. Kennedy, L-1855 Luxembourg, operates with 11–50 employees, and has built a transatlantic footprint with US-based principal coverage added in 2025. Beyond capital deployment, the firm invests in sector thought leadership, including co-publication of "The State of Space" with Sonder London, to support both LP fundraising and portfolio origination.
NewSpace Capital serves two customer constituencies: limited partners (institutional and increasingly sovereign-backed capital allocators) seeking specialist exposure to commercial space, and growth-stage space founders requiring capital and sector-specific operating expertise. The firm does not disclose AUM, fund vintage size, or LP composition; based on headcount and disclosed deal activity, management fee revenue is estimated in the low single-digit to low double-digit millions of dollars annually, with carry contributions episodic and dependent on the firm's eight-company portfolio reaching liquidity events.
NewSpace Capital firmographics
Firmographics- Name
- NewSpace Capital
- Legal name
- NewSpace Capital GP S.A.
- Website
- https://newspace.capital
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- NewSpace Capital is a Luxembourg-based specialist private equity firm founded in 2018 that invests growth-stage capital into commercial space supply chain and downstream companies, targeting Series B and beyond. It serves institutional LPs seeking space exposure and space-tech founders requiring sector-experienced capital.
- Ownership category
- akta.pro rank
NewSpace Capital industry classification
Industry- Product category
- Space Sector Private Equity
- NAICS
- Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
- akta.pro secondary industry
- Technology & Software Growth Equity (FSANACAA)
Keywords
Where NewSpace Capital is headquartered
LocationHeadquarters
- HQ city
- Münsbach
- HQ country
- Luxembourg
- HQ region
- Europe
Offices1 record
Markets served
NewSpace Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Private Equity Management: NewSpace Capital generates returns through management fees and carried interest from their investment funds. As a growth-stage PE firm focused on space and deep-tech companies, they invest capital from institutional and qualified investors into portfolio companies with the aim of generating attractive risk-adjusted returns through capital appreciation and eventual exits.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
NewSpace Capital product offering
Product offeringCore offering
NewSpace Capital is a Luxembourg-based private equity firm that invests growth-stage capital into space and deep-tech companies along the space supply chain and downstream segments. The firm targets companies with space-proven technology generating at least €5 million of recurring commercial revenue and seeking Series B and beyond financing. It raises capital from institutional and qualified investors and deploys it across a global portfolio of space technology businesses.
Product overview
NewSpace Capital is a leading space-focused Private Equity firm that provides growth-stage capital investments to deep-tech companies in the space ecosystem. Rather than offering a unified software product, the firm manages a portfolio of eight space technology companies spanning earth observation (ICEYE, Kayrros, Simera Sense), spacecraft manufacturing (York Space Systems, K2 Space), communications (CesiumAstro), photonics (Cailabs), and advanced materials (FibreCoat). These portfolio companies operate as independent entities with their own products, while NewSpace Capital provides strategic investment and access to its global network. The firm's investment thesis follows a 'picks & shovels' strategy, focusing on the supply chain and downstream segments of the space market.
Differentiator
Problem solved
Functional benefit
Products and services
- Space-Focused Growth Equity Fund Bespoke private equity fund interests raised from institutional and qualified investors and deployed into growth-stage space technology companies with at least €5 million in recurring commercial revenue seeking Series B and beyond financing. Targets space-proven companies in the supply chain and downstream segments under a "picks & shovels" investment strategy.
- Growth Equity Investment Program Investment program providing growth-stage capital and strategic support to space and deep-tech companies. Includes deal sourcing, due diligence, capital deployment, and ongoing portfolio support for companies along the space value chain.
Companies that use NewSpace Capital
Customer profileSegments1 record
Ideal customer profiles2 records
NewSpace Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
NewSpace Capital partnerships and signals
Strategic signalScale indicators8 records
Recent moves6 records
Expansion highlights5 records
NewSpace Capital competitors and assessment
Company assessmentDirect peers
- Airbus Ventures: Airbus Ventures is the corporate venture capital arm of Airbus, investing globally in early-stage and growth-stage deep-tech and space technologies. Like NewSpace Capital, it targets supply-chain and enabling technologies for the space sector and has been a co-investor alongside NewSpace in portfolio companies (CesiumAstro). Both pursue sector-specialist strategies in space.
- Seraphim Space: Seraphim Space is one of the largest dedicated space-focused venture capital firms globally, with multiple space-focused funds. It directly competes with NewSpace Capital for Series B and growth-stage space investments across EO, comms, and downstream applications. Both pursue vertical-specialist theses in space tech.
- Space Capital: Space Capital is a New York-based venture capital firm investing exclusively in space technology across three layers: launch, satellites, and data. It shares NewSpace's vertical-specialist approach, targeting growth-stage space companies with proprietary technology and recurring revenue.
- Promus Ventures: Promus Ventures is an early-stage and growth-stage venture firm focused on deep-tech including space, AI, and advanced computing. It invests across space tech verticals similar to NewSpace Capital, particularly in EO, geospatial analytics, and satellite infrastructure.
- OTB Ventures: OTB Ventures is a European deep-tech venture capital firm investing in space, enterprise software, and cybersecurity. Headquartered in Luxembourg like NewSpace Capital, it directly competes for Series A/B space deals across Europe and shares the same regional and sector focus.
Broad incumbents
- Lockheed Martin Ventures: Lockheed Martin Ventures is the corporate venture arm of Lockheed Martin, investing in space, defense, and aerospace technologies globally. As a broad incumbent with deep pockets, it competes with NewSpace Capital for space growth-stage opportunities while also offering strategic acquirer pathways for portfolio companies.
- In-Q-Tel: In-Q-Tel is the not-for-profit strategic investor for the U.S. intelligence and defense community, with significant space and satellite investment activity. As a broad incumbent in space tech investing, it overlaps with NewSpace Capital in EO and space-based intelligence targets.
Emerging players
- Khosla Ventures: Khosla Ventures is a major generalist VC firm with selective space technology investments as part of its deep-tech portfolio. While not space-focused, it competes for the most promising space opportunities and represents an alternative capital source for companies NewSpace targets.
- Founders Fund: Founders Fund is a San Francisco-based venture capital firm notable for early investment in SpaceX and other space ventures. While broadly diversified across sectors, its space exposure (including SpaceX) makes it a thematic peer in space growth investing.
- Type One Ventures: Type One Ventures is an early-stage venture fund focused on frontier technologies including space, fusion, and advanced manufacturing. It pursues a similar vertical-specialist thesis in deep-tech and overlaps with NewSpace Capital on early-stage space and enabling technology investments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
NewSpace Capital social profiles
Digital presenceNewSpace Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
NewSpace Capital leadership team
Management profileNumber of profiles
Profiles12 records
NewSpace Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NewSpace Capital M&A and investment
M&A and investmentM&A
Investments9 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NewSpace Capital
What does NewSpace Capital do?
NewSpace Capital is a Luxembourg-based private equity firm that invests growth-stage capital into space and deep-tech companies along the space supply chain and downstream segments. The firm targets companies with space-proven technology generating at least €5 million of recurring commercial revenue and seeking Series B and beyond financing. It raises capital from institutional and qualified investors and deploys it across a global portfolio of space technology businesses.
Is NewSpace Capital a public or private company?
NewSpace Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was NewSpace Capital founded?
NewSpace Capital was founded in 2018. It employs 11 to 50 people.
Where is NewSpace Capital based?
NewSpace Capital is headquartered in Münsbach, Luxembourg, in the Europe region.
How does NewSpace Capital make money?
One revenue line is on record: private Equity Management.
Who are NewSpace Capital's main competitors?
Direct peers on record are Airbus Ventures, Seraphim Space, Space Capital, Promus Ventures and OTB Ventures. Broad incumbents are Lockheed Martin Ventures and In-Q-Tel. Emerging players are Khosla Ventures, Founders Fund and Type One Ventures.
Does NewSpace Capital have an API?
No public API is recorded for NewSpace Capital.
What industry is NewSpace Capital in?
NewSpace Capital's product category is Space Sector Private Equity. Its primary akta.pro industry code is FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists), with a secondary code of FSANACAA, Technology & Software Growth Equity. Its NAICS code is 52394 and its SIC code is 6282.