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Space Perspective Lands $40M Series A Round

2021-10-14
CAPE CANAVERAL, FL, Space Perspective, the Earth's leading luxury spaceflight experience company, today announced a $40 million Series A financing round.
The round was led by deep-technology VC firm Prime Movers Lab with additional participation from existing and new investors. The new injection of capital marks the first time a human SpaceBalloon company has raised this level of investment. To date, Space Perspective has raised a total of $48 million in funding, advancing the company to the phase of fulfilling commercial SpaceBalloon flights from late 2024 and beyond.

In addition to Prime Movers Lab, new investors include LightShed Ventures, a leading consumer and media VC firm; the Explorer 1 Fund, a commercial space VC firm founded by Jet Propulsion Laboratory fellow, Leon Alkalai; and Yamauchi no.10 Family Office, launched by the founding family of Nintendo Co.

Additional investors include entrepreneur, author and business strategist Tony Robbins; venture capital firms E2MC and SpaceFund, both experts in commercial space investments; Florida-based venture capital firm Kirenaga Partners; tech-VC firm Base Ventures; and 1517 Fund.

Space Perspective is the world's first luxury spaceflight company and developers of eco-friendly patented SpaceBalloon technology. It offers travelers access to exhilarating panoramas from suborbital space, 20 miles/30 kilometers above the Earth's surface. A cylindrical, pressurized capsule offering 360-degree views, Spaceship Neptune is propelled to an apogee of 100,000 feet by a high-performance, recyclable SpaceBalloon. Based at Kennedy Space Center, Space Perspective was founded by Jane Poynter and Taber MacCallum, and their expert crew - who have been integral to all human SpaceBalloon™ flights for 50 years. MacCallum and Poynter -- dubbed "Masters of the stratosphere" by Bloomberg BusinessWeek -- were on the design team and spent two years inside Biosphere 2, a closed ecological system designed to advance possibilities for maintaining human life in outer space.
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