Overview

For space founders, fundraising is not about hype—it's about clarity, precision, and long-term trust. This section provides the essential tools to design a high-conviction capital strategy, craft a world-class pitch, and raise smart capital across multiple sources—from non-dilutive grants to pre-seed VC.

Part 1: Fundraising Roadmap Design

Purpose: Create a capital plan aligned with your tech roadmap, hiring plan, and risk milestones.

Tool: Capital Strategy Planner

  • Time Horizon: 0–36 months

  • Key Milestones: [Technical, Revenue, Regulatory, Hiring]

  • Estimated Costs per Milestone

  • Funding Needed: _______

  • Ideal Sources: [SBIR, VC, Strategic, Crowdfunding, Customers]

Output: A 2-Stage Capital Plan (e.g. Pre-Seed + Seed) with clear milestone-based asks.

Part 2: Investor Targeting

Purpose: Identify the investors most likely to believe in your mission, model, and stage.

Resources:

  • Curated VC Lists (SpaceTech, Dual-Use, Climate, Deeptech)

  • Strategic Corp Dev Lists (Airbus, Lockheed, Redwire, etc.)

  • Government/Defense Grant Maps (NASA, DoD, SBIR/STTR)

Tip: Prioritize warm intros and conviction-fit over volume.

Part 3: Building a Credible Pitch

Purpose: Craft a story and structure that builds conviction with deeptech investors.

Template: VC Pitch Deck (14 Slides)

  1. Mission & Vision

  2. Problem

  3. Market Size (with dual-use insight)

  4. Solution (with TRL context)

  5. Why Now

  6. Roadmap & Milestones

  7. Go-To-Market & BD Motion

  8. Competitive Advantage

  9. Business Model

  10. Traction (Tech + Partnerships)

  11. Team & Advisors

  12. Ask (Stage, Amount, Use of Funds)

  13. Capital Stack Strategy (Grant + Equity)

  14. Closing Vision Slide (World We’re Building)

Extras: Include Export Controls Plan if relevant.

Part 4: Capital Stack Design

Purpose: Blend multiple funding sources to increase survival odds and minimize dilution.

Tool: Space Capital Stack Framework

  • Equity: Angel, VC, Strategic

  • Non-Dilutive: SBIR, STTR, CSA, ESA, NSF

  • Revenue: LOIs, early pilots, gov’t customers

  • Alternatives: Crowdfunding (e.g. Spaced Ventures), University Spinouts, R&D Credits

Part 5: Cap Table & Terms Literacy

Purpose: Avoid rookie mistakes on control, dilution, and investor alignment.

Resources:

  • Simple Cap Table Builder (Excel/Notion)

  • Pre vs. Post Money Cheat Sheet

  • SAFEs vs. Convertible Notes vs. Priced Equity

  • Founder's Guide to Term Sheets (with Red Flags)

Exercise: Model 3 future rounds using your capital stack assumptions. Visualize dilution.

Part 6: Warm Intros & Investor Process

Purpose: Systematize your outreach, intros, and follow-ups.

Tools:

  • Warm Intro Tracker (CRM Template)

  • Investor FAQ Builder (Build a Notion page to send)

  • Momentum Loop Strategy: Build, Share, Update

Best Practice: Fundraising is a campaign. Set weekly goals. Drive urgency. Control narrative.

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