Playground, Seraphim and Root VCs talk funding trends at TC Sessions: Space

Playground, Seraphim and Root VCs talk funding trends at TC Sessions: Space

2 years ago
Anonymous $_PGtSJbg8h

https://techcrunch.com/2022/11/14/playground-seraphim-and-root-vcs-talk-funding-trends-at-tc-sessions-space/

It’s no secret that VC spending in 2022 did not take a page from the wild funding spree that was 2021. This year’s more measured approach has had a cooling effect — particularly on space-related startups.

In Q3 alone, investments in 79 space companies hit $3.4 billion — down 44% from Q3 2021. Still, some prognosticators report that while space investments continue to decline, some sectors are more resilient than others.