USA – Stellar Ventures, a Palo Alto, CA-based venture capital firm, closed its first fund, SV Andromeda Fund LP, at $23M.
Led by Celeste Ford, Managing Director, Stellar Ventures is a venture capital firm investing in the next generation of space entrepreneurs. With the launch of their first fund, SV Andromeda Fund LP, the team will invest in early-stage, mission driven space technology companies, leveraging their technical expertise and network in the aerospace sector. A pioneering aerospace engineer, Ford founded Stellar Solutions in 1995 and led it as CEO until ascending to Board Chair in 2018. Stellar Solutions specializes in high end systems engineering, serving intelligence, defense, civil, commercial and international space customers. Its over 300 employees include a roster of Stellar Solutions Advisors who are accomplished leaders with experience in national security (e.g., Generals, Admirals, SES – Senior Executive Service, Ambassadors), former astronauts, and scientific/engineering experts serving the defense, intelligence, commercial, civil and international sectors.The founding team also includes Managing Director Matt Patterson and Operating Partner David Anderman. 09/07/2022
