PrivatemarketequityinvestmentactivityandstartuptrendsintheSpaceEconomy–fromtheinvestorsattheforefrontSpaceInvestmentQuarterlyQ120232023Q1FrontcoverisanimageofSpaceX’sstatic-firetestoftheStarshipSuperHeavyboosterinFebruary,thelasttechnicalmilestonebeforeanorbitallaunchattempt.©SpaceCapital2023Withatotalofjust$2.2BinvestedinQ1–a53%decreasefromthepriorquarter–thiswasthelowestquarterforspaceinvestmentsince2015.Thissignificantcontractionhasleftmanycompaniesvulnerabletofundinggaps,particularlyfordeeptechandgrowth-stagebusinesses.ThesuddenfailureofSiliconValleyBankhasexacerbatedaccesstocapitalgiventhatthebankwasaleadingproviderofventuredebt,whichhadenabledc...