AC Ventures

What AC Ventures does

AC Ventures of Florida, LLC is a private, early-stage venture capital firm that invests exclusively in companies operating in the space industry and its adjacent enabling technologies. Founded and led by Managing Member Adam B. Cohen, the firm is structured as a Florida LLC with its sole office at 2412 Irwin Street, Melbourne, Florida — in proximity to Kennedy Space Center on the Space Coast. The firm targets a deliberately underserved deal segment: companies with teams under 20 people raising $5 million or more, with two qualifying profiles — those on track to exceed $20 million in projected revenue within five years, or niche subscription businesses generating up to $5 million annually. AC Ventures explicitly excludes launch services, large-team projects, and capital-expenditure-intensive ventures, and invests across the Americas, Africa, and Europe.

The firm offers capital alongside hands-on advisory grounded in Cohen's prior operating experience building recurring-revenue data businesses — including Covenant Review (sold via Fulcrum Financial Data to Fitch Group, a Hearst unit, in July 2018) and Credit-Vision (subsequently sold to Alter Domus in December 2020). The current disclosed portfolio comprises Space in Africa (Lagos-based space industry news and consulting), SpacedVentures (a crowdfunding platform for space investments), and Lately, Inc. (an AI-powered marketing dashboard). The firm's economic model follows standard VC fund mechanics — management fees and carried interest on deployed capital — though no fund size, vintage, or limited-partner composition is publicly disclosed. Pricing of investments is conducted bilaterally with portfolio founders rather than through standardized tiers or publicly available schedules.

Strategically, AC Ventures positions itself as an impact-oriented investor, prioritizing tangible advisory partnership in 8x-return niche projects over participation as a passive co-investor in 10x deals that would be funded regardless. The firm's competitive logic is that the space industry — historically dominated by government programs within large institutions — has a thinner ecosystem of investor-advisors capable of supporting commercially modest but scientifically or socially important ventures, particularly in emerging markets. Distribution is conducted through direct founder relationships, the firm's website inquiry channel, and its geographic proximity to the Space Coast launch community.

Name

AC Ventures

Legal name

AC Ventures of Florida, LLC

Website

https://acventuresfunds.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

AC Ventures of Florida, LLC is a private early-stage venture capital firm that invests in niche space industry companies and enabling technologies with teams under 20 people, operating across the Americas, Africa, and Europe.

Ownership category

akta.pro rank

Product category

Venture Capital / Private Equity

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Accelerators & Incubators (Investor-Operated) (FSANAAAM)

Keywords

• Venture capital funding
• Early-stage investing
• Space industry investments
• Seed-stage capital
• Private equity investing

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Distribution channels1 record

Core offering

AC Ventures is a venture capital firm that provides early-stage equity investment and strategic advisory to niche, underserved companies in the space industry and related enabling technologies. The firm targets teams of under 20 people seeking $5+ million in funding and offers practical advice on recurring revenue models, data monetization, branding, and company infrastructure building alongside its capital.

Product overview

AC Ventures is an early-stage venture capital firm specializing in the space industry. Rather than a unified software product, the firm offers investment services alongside a portfolio of space-related companies. The core offering is venture capital investment targeting niche, underserved space industry companies with teams under 20 people. The portfolio includes Space in Africa (space industry news and consulting for Africa), SpacedVentures (space investment crowdfunding), and Lately, Inc. (AI-powered marketing dashboard). Legacy investments include Credit-Vision (FinTech data company, acquired by Alter Domus).

Differentiator

Problem solved

Functional benefit

Products and services

• Early-Stage Space Industry Venture Capital Investment Equity investment and strategic advisory services for niche, underserved early-stage companies in the space industry and its related services and enabling technologies, including space data services applications, space exploration technologies, enabling technologies and components (advanced materials, AI, robotics), space industry news and data, and space-focused STEM education and media. The firm targets companies seeking $5+ million in funding with projected revenue streams above $20 million in five years, as well as niche subscription businesses generating up to $5 million in revenue.

Quantifiable outcome

• Target companies with projected revenue stream above $20 million in five years for larger investments, or niche subscription businesses generating up to $5 million revenue
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves5 records

Expansion highlights4 records

Emerging players

• Lux Capital: Lux Capital is a tech-and-science-focused VC with a meaningful space investment track record; broader portfolio than AC Ventures but a comparable investor profile in frontier-tech and space startups.

Broad incumbents

• Founders Fund: Founders Fund is a large generalist tech VC known for high-profile space investments (e.g., SpaceX); competes for space-industry deal flow against specialist firms like AC Ventures.
• Khosla Ventures: Khosla Ventures is a large tech VC with frontier-tech and climate exposure that occasionally intersects with space — competing for the same ambitious technical founders AC Ventures targets.
• Lockheed Martin Ventures: Lockheed Martin Ventures is the strategic investment arm of Lockheed Martin covering space, defense, and aerospace — a corporate incumbent that overlaps with AC Ventures' sector focus from a different (strategic-acquirer) angle.
• Airbus Ventures: Airbus Ventures is the corporate venture arm of Airbus targeting space and aerospace startups; broader resources and balance-sheet support than AC Ventures but competes for the same early-stage space deals.

Others

• In-Q-Tel: In-Q-Tel is the US intelligence community's strategic venture investor with deep exposure to space and geospatial startups — operates in the same space-deal market via a different (government-mandated) funding source.

Direct peers

• Promus Ventures: Promus Ventures is an early-stage space-focused VC backing deep-tech and aerospace startups — comparable stage and founder profile to AC Ventures' space-industry portfolio.
• Starbridge Venture Capital: Starbridge is an early-stage space-tech VC investing in startups building the on-orbit and space-enabled economy; comparable scale, stage, and sector specialization to AC Ventures.
• Seraphim Space: Seraphim is a dedicated early-stage space-focused venture fund investing across launch, satellites, and space data — the most directly comparable space-industry investment thesis to AC Ventures.
• Space Capital: Space Capital invests exclusively in space technology across launch, satellites, and downstream applications; a directly comparable niche space-VC competitor for AC Ventures.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AC Ventures