Promus, RRE, Seraphim: 3 speak-no-evil VC investors in space starupts acknowledge the risk

by Peter B. de Selding

PARIS — Three prominent venture-capital investors in startup space companies did not appear overly worried that the failure of a showcase New Space space project would have a chilling effect on investors in the entire sector.

But they agreed that the space sector is capital-intensive and subject to overoptimistic cost forecasts and requires investors with strong stomachs.

Their views, expressed publicly here during Euroconsult’s World Satellite Business Week, may be discounted as whistling past the graveyard. But RRE Ventures, Promus Ventures and Seraphim Capital have been regular . . .

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