{"id":63757,"date":"2018-10-25T23:42:02","date_gmt":"2018-10-25T15:42:02","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/spacebit-capital-launches-1st-crypto-fund-for-space\/"},"modified":"2018-10-25T23:42:02","modified_gmt":"2018-10-25T15:42:02","slug":"spacebit-capital-launches-1st-crypto-fund-for-space","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/spacebit-capital-launches-1st-crypto-fund-for-space\/","title":{"rendered":"Spacebit Capital Launches 1st Crypto Fund for Space"},"content":{"rendered":"<\/p>\n<p><strong>Spacebit Capital<\/strong> launched the world\u2019s first Venture Capital (VC) crypto fund for the space sector, and plans to invest in early-stage and Internet Protocol (IP) intensive companies. The news was revealed at the World Investment Forum in Geneva.&nbsp;Luxembourg and <strong>European Space Angels<\/strong> are partnering with the company for co-investments.<\/p>\n<p>The company will be revealing its partnership with <strong>Moon Village Association,<\/strong> founded by the European Agency Director General on Nov. 4 in Los Angeles.&nbsp;<strong>NASA<\/strong> officials will be in attendance, including an Apollo astronaut, who will become a board member.<\/p>\n<p>\u201cWe are pioneers of crypto capital for the space industry, and plan to launch a European arm for tokenization of space assets in 2019. We will typically look to invest at Series A, once businesses have built a product and achieved some early market validation. [We are] targeting a $100 million final close by Quarter 1 (Q1 2019), reaching $20 million first close,\u201d said Spacebit Founder Pavlo Tanasyuk in the release.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spacebit Capital launched the world\u2019s first Venture Capital (VC) crypto fund for the space sector, and plans to invest in early-stage and Internet Protocol (IP) intensive companies. The news was revealed at the World Investment Forum in Geneva.&nbsp;Luxembourg and European Space Angels are partnering with the company for co-investments. The company will be revealing its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":63758,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-63757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/63757"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=63757"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/63757\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/63758"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=63757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=63757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=63757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}