SpaceFund is a venture capital firm headquartered in Houston, Texas, USA, dedicated to early-stage and growth venture investing specifically in the space economy — backing technology companies that enable and benefit from space markets such as space transportation, communication, materials, human factors, supply chain, and more.

Pre-Seed / Seed: Active in early institutional rounds for space tech and related ventures.
Series A / Growth: Participates in later rounds based on company trajectory and fund strategy.
SpaceFund manages multiple vehicles (e.g., “LaunchPad” and subsequent funds) that invest from startup through early institutional phases.

Typical Investment Size: Publicly available information does not disclose strict per-deal check sizes or minimums for SpaceFund; venture data suggests institutional participation can range broadly regarding capital deployed per round across Seed to early institutional.
Equity Taken: SpaceFund does not publish a fixed equity percentage it takes in every portfolio company (common for institutional VC firms). Equity stakes are negotiated per deal based on valuation, stage, and round size.
• Industry Norm: When early institutional VCs like SpaceFund invest meaningful capital at seed/Series A, founders should plan for minority equity positions (~5%–15%) for a single institutional investor’s slice of a round at those stages (depending on valuation and total capital raised).
• Total Round Dilution: In a seed/early institutional round led by professional VCs, collective investor dilution across all investors typically ranges ~10%–25% of company equity, with individual fund stakes proportional to their capital contribution and negotiated terms.
Because SpaceFund does not publicize uniform equity targets, founders should expect deal-specific outcomes that align with early institutional venture norms rather than one set percentage applied to all deals.

Submission Method: Startups interested in SpaceFund investment typically engage through direct outreach via the SpaceFund website or network introductions (there’s no widely advertised open startup application portal). 
Investor Portal: There is an investor-side portal for LPs, indicating the firm raises from accredited investors and manages funds. 

Sector Focus: Deep involvement in space technology and space economy sectors including space infrastructure, transportation, energy, communication, and enabling space-related systems.
Geography: Primarily U.S.-based companies with space-related business models, although out-of-region companies may be considered if aligned.
Stage: Seed through early growth (Series A/B) — early institutional capital suited to scaling space ventures. 
Company Profile: Startups with technology and business plans capable of addressing large space markets and demonstrating early traction.

Initial Intake: Review of pitch materials and alignment with SpaceFund’s thesis on space and related technologies. 
Partner Assessment: Internal evaluation on team, market opportunity, business model, and demonstration of technology fit the space economy strategy.
Due Diligence: Detailed diligence covering product/tech, competition, market size, and traction.
Term Negotiation: Equity, valuation, governance rights, and protective provisions negotiated with founders and co-investors.

Strategic Capital: Institutional capital from seed to Series A/B aimed at growing space-related ventures. 
Operational Support: Access to space ecosystem expertise, investor network, and follow-on financing options.
Long-Term Partnership: Participation in future rounds via pro-rata rights usually negotiated for meaningful early investors.