Balerion Space Ventures
Status
ACTIVE
Global HQ
Dallas, United States
Countries of investment
- United States
Investment stages
- Seed
- Series A
- Series B
Industries
- Space Tech
- Aerospace
- Deep Tech
About
Balerion Space Ventures is a Dallas, Texas-based venture capital fund led by General Partner Phil Scully with CFO Beau Spradling; nearing close of its $200 million Fund II; portfolio of 13 investments including Valar Atomics, Northwood Space, and Apex Space; multi-disciplinary team with aerospace engineering, institutional investing, DoD program, and major space OEM backgrounds
Balerion Space Ventures is a Dallas, Texas-based venture capital fund led by General Partner Phil Scully with CFO Beau Spradling; nearing close of its $200 million Fund II; portfolio of 13 investments including Valar Atomics, Northwood Space, and Apex Space; multi-disciplinary team with aerospace engineering, institutional investing, DoD program, and major space OEM backgrounds
Investment Thesis
Balerion Space Ventures invests in the next generation of space, defense, and deep technology companies, focusing on launch, Earth observation, propulsion, and dual-use defense technologies; backs founders building technologies that secure freedom and define the new space frontier as critical infrastructure for communications, security, and industry
Manager's Experience
Phil Scully left Capital Group to launch the Black Dragon fund, then founded Balerion in 2022. The team combines aerospace engineering, DoD program and space OEM experience, and former NASA chief technologist A.C. Charania is joining. Its 30+ company portfolio includes Anduril and Impulse Space.
Team
Phil Scully - General Partner
Beau Spradling - CFO
A.C. Charania - Advisor
Portfolio
Vast Space
Northwood Space
Apex Space
Valar Atomics
Anduril Industries
Machina Labs
Antares Industries
Samara Aerospace
Space Kinetic
Impulse Space
K2 Space