Space investing goes mainstream as VCs ditch the rocket science requirements
Five years ago, investor Katelin Holloway made what she calls a “literal moon shot” investment. A founding partner of the generalist venture firm Seven Seven Six admits she and her team had “no clue” what rocket company Stoke Space was talking about when they pitched the firm on its reusable launch technology. “We knew full well we were not the specialist,” she says. Since then, Holloway has also invested in Interlune, a company planning to harvest helium-3 from the moon and sell it back to Earth for quantum computing and medical imaging applications. Holloway is well aware of the skepticism these bets might attract. At the same time, her journey from space novice to investor reflects a broader change in venture capital, as VCs without aerospace engineering…
