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Tamarack Global has closed a $72 million fund and is actively seeking space investment opportunities, having already allocated a third of the fund, including support for Impulse Space's $150 million Series B round. Co-founder Jamie Lee expressed a strong interest in early-stage companies, emphasizing a focus on concentrated investments due to the industry's high failure rate. The firm, based in Connecticut with a network in California, aims to invest in aerospace, robotics, data intelligence, and energy transition sectors.
Impulse Space has secured $150 million in a Series B funding round led by Founders Fund, with participation from Lux Capital, Spring Tide, and new investor DCVC. The funds will support the development of its high-energy orbital transfer vehicles, Mira and Helios, aimed at enhancing space transportation capabilities. The company plans to launch an upgraded Mira in late 2025 and Helios in 2026, responding to the growing demand for rapid satellite deployment to geostationary orbit.
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