Space Capital：2024年第三季度空间投资报告（英文版）

Venture capital continues to be the leading source (51%) of funding for privately held space companies, but a lack of liquidity-producing exits has slowed the flow of capital to startups. Additionally, valuations remain artificially elevated by two main factors: 1) outsized AI deals and 2) delayed fundraising for companies that last raised during pandemic highs. With cash from bridge financings dwindling, companies are being forced back into raising, pushing flat and down rounds to