Tamarack Global has recently closed a $72 million fund to explore opportunities in the space sector.
The firm is committed to investing in innovative companies and has already allocated approximately one-third of the fund. Tamarack Global is open to a wide range of investment opportunities, from nascent ideas to established businesses seeking Series B financing. The firm's investment strategy extends beyond space and includes aerospace and defense, robotics and autonomy, data intelligence, and energy transition.
The firm acknowledges the challenges in the space investment landscape, including the high failure rate of companies in this sector. As a result, Tamarack Global plans to concentrate its investments more strategically.
The firm has a significant presence in California, allowing it to build a network in the space industry and identify promising startups.
Tamarack Global aims to play a pivotal role in shaping the future of space exploration and technology by leveraging its network and expertise.