We back space the way we back other industries: picks and shovels. Subsystems, components and infrastructure that others buy, more than whole constellations. We like flight heritage, on-orbit proof and strong technical founders, and capital-efficient teams building the parts the rest of the industry needs.

We write $100,000 to $500,000 pre-seed and seed checks and typically co-invest alongside a lead. Here is what we look at.

• Space data centers and edge compute on-orbit, and the data moved to and from them.

• Buses, power, reaction wheels, release actuators and radiation-hardened electronics.

• Shielding and part-hardening that lets hardware survive in orbit.

• Optical inter-satellite links and GNSS-independent positioning, navigation and timing.

• Sensing payloads, and reentry and return logistics.

We tend to pass on pre-launch companies priced at large caps before anything flies, and on companies in a category where the real players raised hundreds of millions.

• Sophia Space, which builds orbital data centers that run AI workloads in low Earth orbit and use space for cooling.

Sophia Space is our space company today. See the full portfolio.

Building in aerospace or space? Pitch us directly, no warm intro needed, at daxos.capital/apply. If there is interest, you hear back within 72 hours. See the full list of what we invest in.