Balerion Space Ventures

Profile

Balerion Space Ventures is a venture capital firm based in Dallas, Texas, founded in 2021. The firm is led by General Partners Phil Scully, Daniel Kleinmann, and Daniel Wallman, who bring a wealth of experience from aerospace engineering and institutional investing. Balerion is distinguished by its focus on dual-use space technologies that secure freedom and opportunity, aiming to build the next generation of critical infrastructure in space.

The firm invests in early to mid-stage companies across sectors such as space, defense, connectivity, infrastructure, and industrials. Balerion typically participates in Series A and B rounds, primarily in the United States, and has a portfolio that includes notable companies like Impulse Space, Valar Atomics, and Northwood Space. The firm manages significant assets, including the Balerion Space Ventures Fund II with $200 million AUM.

Balerion's portfolio features companies at the forefront of the space economy, including Anduril - defense technology, Impulse Space - in-space transportation, Valar Atomics - energy solutions, Varda Space - space manufacturing, and Apex Space - satellite technology. These investments highlight Balerion's commitment to enhancing U.S. competitiveness and national security through innovative space ventures.