USA – Starburst Ventures, an El Segundo, CA-based venture capital firm dedicated to investing across aviation, space, and defense, launched its new early-stage fund.
Focusing on aerospace, defense, security, as well as enabling sciences and technologies, Starburst Ventures is investing in the next generation of industrial, software and hardware companies.The fund’s team will be led by Founder and General Partner François Chopard, joined by Benjamin Zeitoun as investor. Joining them in an advisory capacity is Jacqueline Tame, startup founder and former Deputy Director of the United States Department of Defense Joint Artificial Intelligence Center, and Natalya Bailey, Head of Strategy at Bloom Energy and former founder of Accion Systems. Both will serve as hands-on advisors to provide support in selecting investments and developing Starburst Ventures’ portfolio companies. Starburst Ventures’ existing investments include participation in a recent $7.1 million seed round for Outpost, a sustainable satellite & Earth return company founded by Jason Dunn and Mike Vergalla, and backed by Moonshot Ventures & Draper Associates, as well as Strong Compute, a startup that recently completed its $7.8 million seed round and helps developers speed up machine learning training pipelines. Strong Compute is led by Ben Sand and backed by prolific investors including Sequoia Capital India, Folklore, Blackbird; and Skip Capital (led by Principal Kim Jackson). Other investments include companies wishing to stay under the radar, working on mapping the 27,000+ objects jamming Earth orbit to pave the way for space infrastructure, Open Source Intelligence platforms, and an optical sensing payload.27/09/2022
