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Stratospheric ballooning company Space Perspective raises $7 million

Posted on: March 22nd, 2021 by Kirenaga Partners

WASHINGTON — Space Perspective, a startup planning to offer tourists trips to the edge of space in a high-altitude balloon, has raised $7 million in a seed round that will allow the company to test its technologies.

Space Perspective announced Dec. 2 it closed the seed round, led by funds Prime Movers Lab and Base Ventures. Others participating in the round included Kirenaga Partners’ Central Florida Tech Fund, 1517 Fund, Schox, E2MC Ventures and SpaceFund Venture Capital, as well as entrepreneur and author Tony Robbins.

The company, with about 15 employees currently, will use the funding to continue development of Spaceship Neptune, a stratospheric balloon system designed to carry people to an altitude of 30 kilometers. Such flights would give people an experience similar to some aspects of spaceflight, notably the view.

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How Soon Will Tourists Be Traveling to Space?

Posted on: March 22nd, 2021 by Kirenaga Partners

How about a post-COVID adventure into the cosmos?

With no concrete end in sight to this pandemic (thanks anti-maskers), we’re forced to think about what the future of travel may hold. And by the time we’re actually able to leave the country and explore our beautiful world, there may be an even wilder option for the adventure seekers out there—space travel.

That’s right, in the next few years, multiple companies are gearing up to take you to space. You’ll be able to float in zero gravity, marvel at our beautiful blue ball from afar (flat earthers be damned), and see more stars than you could ever imagine. This isn’t a giant hoax (like the idea that masks don’t work), this is a real thing that you’ll really be able to do—that is, if you have the money.

So, here’s to hoping that locking ourselves in our homes for a year or two will be rewarded with the ultimate travel adventure of leaving Earth behind.

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Space Perspective

Teaming up with Exclusive Resorts (a members-only vacation club), Space Perspective is planning to send travel explorers up to the edge of space via a balloon dubbed Spaceship Neptune. Exclusive Resorts members will get priority flights as eight people will soar to over 100,000 feet on a six-hour journey to see the curvature of the earth up close and personal. Flights are planned for 2024 and probably won’t be cheap. Memberships to Exclusive Resorts has initiation fees in the six figures and per-day vacation costs over $1,000. Still, you’re almost in space!

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Space Perspective Moves Closer to the Edge of Space, with Seed Round Financing and a Stellar Investment Team

Posted on: December 2nd, 2020 by Kirenaga Partners

KENNEDY SPACE CENTER, Fla. – Space Perspective today announced it has closed a $7 million series seed financing for the development and early flights of Spaceship Neptune to the edge of space. The infusion of capital advances the human space flight company another step closer to fundamentally changing the way people have access to space for research and tourism.

“We are delighted to welcome our new investors to the Space Perspective team. We selected them because they are the cutting edge of venture capital. Their active approach to supporting founders is a critical component of executing on our mission to give people the life-changing experience of seeing our planet in space,” said Space Perspective Founder and Co-CEO Jane Poynter, who made the announcement today at the Web Summit 2020.

“Our ability to make space accessible in unprecedented ways carries immense importance,” added Taber MacCallum, also Founder and Co-CEO. “We are grateful that this premier group of investors recognizes that space tourism has arrived and is a significant driver in the future growth of commercial spaceflight.”

The financing was led by Prime Movers Lab, the lead investor in Momentus who recently announced its SPAC merger, and Base Ventures who is a leading Silicon Valley tech fund. The investor group also includes world-renowned entrepreneur, author and business strategist Tony Robbins, and venture capital firms Kirenaga Partners’ Central Florida Tech Fund, 1517 Fund, Schox, E2MC Ventures and SpaceFund Venture Capital. Anton Brevde of Prime Movers and Kirby Harris of Base Ventures serve on the Space Perspective Board of Directors. David Scalzo of Kirenaga is an advisor.

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