Gaingels

Gaingels is a venture capital investment firm founded in 2014 and based in Burlington, Vermont. It specializes in investing in companies led by LGBT+ founders and C-suite leaders across various stages of growth, as well as in established firms aiming to create more inclusive teams. With a global portfolio of over 130 companies and $70 million in investment capital deployed, Gaingels actively supports its portfolio by helping to identify and recruit diverse talent for leadership roles. The firm fosters a vibrant community of industry leaders, investors, operators, and entrepreneurs who are united in their mission to drive positive social change through business and successful investments.

Marc Baum

Investor

Jesse Curran

Principal

Ashley Flucas

Venture Partner

Max Frenkel

General Partner

Todd Havill

Research Operations and Principal, Investment

Surya Jayaweera

Angel Investor

Jennifer Jeronimo

CEO and General Partner

Jake Prigoff

General Partner

Peter Steinberg

General Partner

Alexandra Tanner

Investor

Lorenzo Thione

General Partner

Past deals in Space Industry

Space Perspective

Venture Round in 2023
Space Perspective Inc. is a spaceflight company based in Merritt Island, Florida, founded in 2019. The company specializes in offering suborbital trips to the edge of space through its spacecraft, Neptune, which utilizes a high-altitude balloon for ascent. Passengers travel in a pressurized capsule that ascends to an altitude of several kilometers, where they can experience a two-hour period of weightlessness and panoramic views of Earth. After the experience, the capsule descends slowly, landing in the ocean for retrieval by a support vessel. Space Perspective's primary Operations Center is located on Florida's Space Coast, near NASA's Kennedy Space Center, with additional launch sites planned in various locations, including Cecil Spaceport in Florida, Hawaii, and Alaska, as part of its expansion strategy.

Invisible Universe

Series A in 2022
Invisible Universe is an internet-first animation studio that develops original character IP on social media and web3 platforms. Its mission is to create the next household name animated franchises faster and more economical than traditional models. We believe the next generation of animated franchises will be born on the internet.

iRocket

Seed Round in 2022
iRocket is a manufacturer of fully autonomous reusable small launch vehicles designed for rapid landing and relaunch. The company emphasizes innovative design and reliability, aiming to provide low-cost access to space. By leveraging 3D printing and additive manufacturing technologies, iRocket addresses various inefficiencies within the space industry, facilitating advancements and innovations in space exploration.

Invisible Universe

Seed Round in 2022
Invisible Universe is an internet-first animation studio that develops original character IP on social media and web3 platforms. Its mission is to create the next household name animated franchises faster and more economical than traditional models. We believe the next generation of animated franchises will be born on the internet.

Xplore

Series A in 2022
Xplore Inc is a space technology company that develops spacecraft and offers a range of space-related services, including mission planning, spacecraft engineering, flight financing, payload insurance, communications, data management, and spacecraft operations. Established in 2017 and headquartered in Mercer Island, Washington, Xplore conducts commercial missions in Earth orbits using their XCRAFT™ spacecraft. The company caters to government agencies, commercial space enterprises, and educational institutions, facilitating a variety of missions that include expeditions to the Moon, Mars, Venus, and asteroids. Xplore’s capabilities also encompass hosting mission-critical payloads, providing communication relay services, and delivering data through a multi-sensor platform designed for data fusion and on-orbit processing.

Xplore

Series A in 2022
Xplore Inc is a space technology company that develops spacecraft and offers a range of space-related services, including mission planning, spacecraft engineering, flight financing, payload insurance, communications, data management, and spacecraft operations. Established in 2017 and headquartered in Mercer Island, Washington, Xplore conducts commercial missions in Earth orbits using their XCRAFT™ spacecraft. The company caters to government agencies, commercial space enterprises, and educational institutions, facilitating a variety of missions that include expeditions to the Moon, Mars, Venus, and asteroids. Xplore’s capabilities also encompass hosting mission-critical payloads, providing communication relay services, and delivering data through a multi-sensor platform designed for data fusion and on-orbit processing.

Epirus

Series C in 2022
Epirus, Inc. specializes in the design and development of advanced artificial intelligence-based defense systems aimed at countering drones and asymmetric technologies. Founded in 2018 and located in Hawthorne, California, the company produces high-powered microwave products, including its flagship technology, ELECTROMAGNETIC PULSE, which serves as a drone countermeasure. This innovative solution employs multiple simultaneous beams to neutralize unmanned aircraft systems, while also utilizing software-defined electromagnetic pulse technology to enhance its effectiveness. By integrating computer vision and machine learning, Epirus aims to optimize the detection and tracking of various threats, providing defense organizations with the capability to stun drones or disrupt swarms effectively. The company's products address critical national security challenges in both defense and commercial sectors.

Radian

Seed Round in 2022
Radian Aerospace is innovating the aerospace sector with its next-generation spaceplane, which is the first fully reusable vehicle designed for horizontal takeoff and landing. This single-stage to orbit spacecraft aims to facilitate the transportation of people and light cargo to low Earth orbit as well as various terrestrial locations, operating in a manner similar to conventional aircraft. Radian's vehicles are constructed from advanced materials that can endure extreme conditions and are equipped with propulsion technologies that enhance maneuverability and overall performance. Additionally, they incorporate satellite systems that improve communication capabilities, thereby supporting enhanced missions and operational efficiency within the space industry.

SkySafe

Series B in 2021
SkySafe, Inc. is a San Diego-based company founded in 2015 that specializes in airspace security through the development of anti-drone devices. These systems utilize radio waves to take control of unauthorized drones, safely landing them while providing real-time notifications and detailed event history. By employing advanced radio technology and deep threat analysis, SkySafe enables clients to detect and manage malicious drone activity, thereby enhancing security for various environments. The team comprises experts from prestigious institutions including MIT and UC San Diego, as well as the Air Force Research Lab, all dedicated to creating safe airspaces amidst the growing landscape of drone innovation.

Statespace

Series C in 2021
StateSpace provides performance analytics and a suite of tools for casual gamers and eSport athletes to maximize their potential. It uses cognitive science and artificial intelligence to revolutionize the way humans improve. Leveraging expertise as neuroscientists, data scientists, video game developers, and computer visionaries, the products bring much needed standardized performance analytics to train. It was founded in 2017 and is headquartered in New York, New York.

Spartan Radar

Seed Round in 2021
Spartan Radar specializes in advanced radar technology, focusing on the development of high-resolution, real-time radar imagery. The company employs a biomimetic perception model and innovative digital signal processing techniques to enhance the functionality of its radar systems. With a background in aerospace and defense, Spartan Radar offers solutions tailored for both drone and automotive applications, ensuring a comprehensive understanding of how radar integrates within broader sensor systems.

Rescale

Series C in 2021
Rescale, Inc. is a provider of cloud-based infrastructure and software platforms that facilitate scientific and engineering simulations. Founded in 2011 and headquartered in San Francisco, the company offers several products, including ScaleX Pro for independent professionals and small to medium-sized businesses, and ScaleX Developer, which allows external developers to build and deploy applications on Rescale's platform. Additionally, ScaleX Enterprise provides a comprehensive simulation solution that integrates on-premise high-performance computing resources and software management. Rescale serves various industries, including aerospace, automotive, consumer products, electronics, oil and gas, and life sciences, leveraging advanced technologies to empower engineers and scientists in their research and product development efforts. With a global presence that includes offices in Tokyo, Munich, and Singapore, Rescale continues to expand its role as a leading provider of cloud simulation services.

Skycatch

Series C in 2021
Skycatch, Inc. is a technology company based in San Francisco, California, that specializes in aerial data capture and analytics, primarily for the construction and mining industries. The company designs and produces the Evolution3 drone, which enables real-time data capture and 3D rendering. Skycatch also offers a proprietary app called Commander for drone operation, along with Dashboard software that analyzes collected data and facilitates team collaboration. Their platform combines advanced hardware, software, and artificial intelligence to provide clients with high-precision data quickly and efficiently. Founded in 2013, Skycatch focuses on indexing and extracting critical information from the physical world, helping enterprises visualize their environments with accuracy and ease.

Geosite

Series A in 2021
Geosite, Inc. owns and operates an online platform that allows users to find, purchase, and utilize geospatial data. The platform gives its customers access to high-frequency satellite data, planning and logistics tools, and distributed sensor platform plug-ins. The platform leverages the proliferation in satellite imagery sources and distributed sensor systems. The company caters to customers, including the United States military and companies in the energy industry. Geosite, Inc. was incorporated in 2018 and is based in Stanford, California.

Shipfix

Seed Round in 2019
Shipfix Technologies S.A. is a subscription-based service established in 2018, focused on enhancing operational efficiency within the maritime industry. Based in Vincennes, France, with an additional location in London, the company offers a data and community platform tailored for brokers, ship owners, operators, charterers, and freight forwarders. Shipfix's services include a messaging platform that facilitates collaboration among teams by allowing them to share offers, leads, contacts, and ongoing business opportunities. It also features an email-crunching market monitor that transforms daily email overload into a structured, searchable market overview. By streamlining communication and data management, Shipfix aims to save businesses significant time, improving overall performance in the shipping sector.

Geosite

Seed Round in 2019
Geosite, Inc. owns and operates an online platform that allows users to find, purchase, and utilize geospatial data. The platform gives its customers access to high-frequency satellite data, planning and logistics tools, and distributed sensor platform plug-ins. The platform leverages the proliferation in satellite imagery sources and distributed sensor systems. The company caters to customers, including the United States military and companies in the energy industry. Geosite, Inc. was incorporated in 2018 and is based in Stanford, California.
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