ALPINE SPACE VENTURES MANAGEMENT GMBH

Thesis

Alpine Space Ventures (ASV) is a Munich-based venture capital firm founded in 2020, dedicated to investing in early-stage companies within the global space sector. The firm distinguishes itself through its 'industry insider-led' approach, with a team possessing extensive operational experience from leading aerospace companies, notably SpaceX. ASV's investment thesis centers on the industrialization of the space sector, focusing on critical hardware and software solutions that enable connectivity, data, and sustainable space operations. They exclusively invest in early-stage space companies, with a primary focus on Series A funding rounds. Their investment strategy targets technologies and businesses across the entire space value chain, including space-borne connectivity and data, satellite constellations, launch services, in-space manufacturing, space infrastructure (critical components, ground segment, power systems, communications, and data infrastructure), and Earth observation. ASV acts as both a lead and follow investor, providing capital and operational support to space entrepreneurs. The firm's geographic scope primarily targets Europe and the United States, though they consider opportunities globally. Alpine Space Ventures closed its debut fund, Fund I, in July 2024 with €170 million (approximately $184.7 million USD). The typical check size per investment deal ranges from €1 million to €5 million, with the firm intending to invest in 10-15 early-stage startups.