Nebex raises $30 million seed round led by Google Ventures

The space fintech founded by former Axiom Space CEO Tejpaul Bhatia plans an online marketplace for cross-border space-industry deals among U.S. companies, foreign institutions, and investors.

Summary

Nebex said it has raised $30 million in seed funding in a round led by Alphabet unit Google Ventures. The early-stage space fintech, founded by former Axiom Space CEO Tejpaul Bhatia, aims to build an online platform that connects global space-industry transactions among U.S. space companies, foreign institutions seeking space capabilities, and investors. The company plans to earn fees from the deals arranged through the marketplace.

Terms & Concepts
  • seed funding: Early-stage capital for a startup
  • space fintech: Financial technology focused on the space industry