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The Founder's Handbook

Top 17 Space Travel Startups in 2024

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Have you ever wondered who is on the list of Space Travel companies with the highest growth rates?

You’re not alone.

There are hundreds of companies in this space, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 17 fast-growing Space Travel startups that have top-tier venture capital funding.


17 Space Travel Startups

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1) Isar Aerospace

Isar Aerospace

Isar Aerospace is a space technology firm that specializes in satellite constellation launch systems.

Details of the startup:

  • Country: Germany
  • State: Bayern
  • City: Munich
  • Started in: 2018
  • Founders: Daniel Metzler, Josef Fleischmann, Markus Brandl
  • Number of employees: 101-250
  • Funding: $176,718,945
  • Funding rounds: 3
  • Number of investors: 11 (Earlybird Venture Capital, HV Capital, Lakestar, Unternehmertum Venture Capital Partners, Airbus Ventures)

You can find their website here.

2) Astroscale

Astroscale

Astroscale was formed by an IT entrepreneur who recommended approaching the business of orbital debris mitigation with a start-up ethos.

Details of the startup:

  • Country: Japan
  • State: Tokyo
  • City: Sumida
  • Started in: 2013
  • Founders: Miki Ito, Mitsunobu Okada, Nobu Okada
  • Number of employees: 51-100
  • Funding: $204,200,000
  • Funding rounds: 8
  • Number of investors: 28 (SBI Investment, Mitsubishi UFJ Capital, SMBC Venture Capital, ANA Holdings, Mizuho Capital)

You can find their website here.

3) GITAI

GITAI

GITAI is a robotics company that creates remote-controlled robots to take the place of astronauts in commercial space stations.

Details of the startup:

  • Country: Japan
  • State: Tokyo
  • City: Tokyo
  • Started in: 2016
  • Founders: Sho Nakanose
  • Number of employees: 1-10
  • Funding: ¥2,395,000,000
  • Funding rounds: 4
  • Number of investors: 12 (Global Brain Corporation, ANRI, DBJ Capital, Daiwa Corporate Investment, Dai-ichi Life)

You can find their website here.

4) Ispace Technologies

Ispace Technologies

Ispace Technologies is a cis-lunar space resource exploration firm that finds, collects, and delivers lunar ice to customers.

Details of the startup:

  • Country: Japan
  • State: Tokyo
  • City: Tokyo
  • Started in: 2010
  • Founders: Takeshi Hakamada
  • Number of employees: 101-250
  • Funding: $128,814,148
  • Funding rounds: 7
  • Number of investors: 19 (Incubate Fund, Dentsu, KDDI, SPARX Group, Innovation Network Corporation of Japan)

You can find their website here.

5) Gilmour Space Technologies

Gilmour Space Technologies

Gilmour Space Technologies is a space rocket development business that focuses on developing low-cost hybrid launch vehicles.

Details of the startup:

  • Country: Australia
  • State: Queensland
  • City: Pimpama
  • Started in: 2012
  • Founders: Adam Gilmour
  • Number of employees: 11-50
  • Funding: A$27,000,000
  • Funding rounds: 3
  • Number of investors: 3 (500 Startups, Blackbird Ventures, Main Sequence Ventures)

You can find their website here.

6) ALE

ALE

ALE is an extraterrestrial entertainment corporation that creates artificial meteor showers and shooting stars on demand.

Details of the startup:

  • Country: Japan
  • State: Tokyo
  • City: Tokyo
  • Started in: 2011
  • Founders: Lena Okajima
  • Number of employees: 11-50
  • Funding: $2,226,094,682
  • Funding rounds: 5
  • Number of investors: 8 (Horizons Ventures, SPARX Group, Shinsei Corporate Investment, SPARX Innovation for the Future, Iyogin Capital)

You can find their website here.

7) iSpace China

iSpace China

iSpace is a company that creates and builds commercial space shuttles.

Details of the startup:

  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2016
  • Founders: Dongyi Zhang, Guosong Wu
  • Number of employees: 11-50
  • Funding: $276,524,285
  • Funding rounds: 4
  • Number of investors: 29 (Sequoia Capital China, Baidu, Didi, Matrix Partners China, CITIC Securities)

You can find their website here.

8) Mancando

Mancando

Mancando is an automotive parts provider that provides auto repair shops with car worn components.

Details of the startup:

  • Country: China
  • State: Guangdong
  • City: Guangzhou
  • Started in: 2015
  • Number of employees: 101-250
  • Funding: $114,302,119
  • Funding rounds: 4
  • Number of investors: 6 (Legend Capital, Eastern Bell Capital, Xianghe Capital, Oriza Fund of Funds, Huasheng Capital)

You can find their website here.

9) Wayz.ai

Wayz.ai

Wayz.ai is a Chinese firm that provides smart location and mapping services.

Details of the startup:

  • Country: China
  • State: Hubei
  • City: Wuhan
  • Started in: 2017
  • Founders: Tao Chuang, Vincent Tao
  • Number of employees: 251-500
  • Funding: $80,000,000
  • Funding rounds: 1

You can find their website here.

10) Yihang.ai

Yihang.ai

Yihang.ai is a company that creates self-driving cars.

Details of the startup:

  • Country: China
  • State: Jilin
  • City: Changchun
  • Started in: 2015
  • Founders: Yuxing Chen
  • Number of employees: 1-10
  • Funding: $47,152,006
  • Funding rounds: 4
  • Number of investors: 8 (Matrix Partners China, Source Code Capital, Li Auto, Future Capital, CICC Alpha)

You can find their website here.

11) Spacety

Spacety

Spacety is a commercial microsatellite company that provides spacecraft scientific and technology validation tests.

Details of the startup:

  • Country: China
  • State: Jiangsu
  • City: Changsha
  • Started in: 2016
  • Founders: Justin Yang, Weijia Ren
  • Number of employees: 11-50
  • Funding: $36,679,947
  • Funding rounds: 3
  • Number of investors: 9 (Matrix Partners China, Legend Capital, SAIF Partners, Northern Light Venture Capital, K2VC)

You can find their website here.

12) SpaceX

SpaceX

SpaceX is a private aerospace and aviation firm that develops, builds, and launches sophisticated rockets and spacecraft.

Details of the startup:

  • Country: United States
  • State: California
  • City: Hawthorne
  • Started in: 2002
  • Founders: Elon Musk
  • Number of employees: 5001-10000
  • Funding: $7,460,112,010
  • Funding rounds: 43
  • Number of investors: 45 (Founders Fund, Google, Craft Ventures, Bank of America, Cyan Banister)

You can find their website here.

13) Axiom Space

Axiom Space

Axiom Space is a business developing the first multinational commercial space station.

Details of the startup:

  • Country: United States
  • State: Texas
  • City: Houston
  • Started in: 2016
  • Founders: Kam Ghaffarian, Michael Suffredini
  • Number of employees: 101-250
  • Funding: $150,000,000
  • Funding rounds: 4
  • Number of investors: 19 (Alumni Ventures Group, Prime Movers Lab, Washington University in St. Louis, SharesPost Investment Management, Jackson Moses)

You can find their website here.

14) Firefly Aerospace

Firefly Aerospace

Firefly Aerospace provides tiny payloads with cost-effective and dependable launch vehicles, spacecraft, and in-space services.

Details of the startup:

  • Country: United States
  • State: Texas
  • City: Cedar Park
  • Started in: 2014
  • Founders: Eric Salwan, Maureen Gannon, Max Polyakov, Michael Blum, PJ King, Thomas Markusic
  • Number of employees: 251-500
  • Funding: $196,557,023
  • Funding rounds: 6
  • Number of investors: 10 (SeedInvest, Dylan Taylor, SK Ventures, XBTO Group, Tank Stream Ventures)

You can find their website here.

15) Phase Four

Phase Four

Electric propulsion (EP) for tiny spacecraft.

Details of the startup:

  • Country: United States
  • State: California
  • City: El Segundo
  • Started in: 2015
  • Founders: J. P. Sheehan, Simon Halpern
  • Number of employees: 11-50
  • Funding: $29,565,499
  • Funding rounds: 6
  • Number of investors: 10 (Alumni Ventures Group, Lightspeed Venture Partners, Alsop Louie Partners, Starburst Ventures, New Science Ventures)

You can find their website here.

16) Infinite Composites

Infinite Composites

Advanced gas storage systems for aircraft, industrial gas, and transportation applications are designed, developed, and manufactured by ICT.

Details of the startup:

  • Country: United States
  • State: Oklahoma
  • City: Tulsa
  • Started in: 2010
  • Founders: Matt Villarreal, Michael Tate
  • Number of employees: 11-50
  • Funding: $5,435,205
  • Funding rounds: 14
  • Number of investors: 14 (Creative Destruction Lab (CDL), Techstars, National Science Foundation, IrishAngels, Asymmetry Ventures)

You can find their website here.

17) Astra

Astra

Astra is a rocket launch company that specializes in satellite delivery and launch.

Details of the startup:

  • Country: United States
  • State: California
  • City: Alameda
  • Started in: 2016
  • Founders: Adam London, Chris Kemp
  • Number of employees: 101-250
  • Funding: $100,000,000
  • Funding rounds: 3
  • Number of investors: 8 (Canaan Partners, LionTree, Marc Benioff, Innovation Endeavors, Artis Ventures (AV))

You can find their website here.

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