Airbus Ventures introduces $155 million fund concentrating on deep technology, encompassing space.

• One of the most active investors in space startups, Airbus Ventures, has recently secured a $155 million fund.
• Thomas d'Halluin, Managing Partner of Airbus Ventures, stated to CNBC that this fund aims to create new opportunities, with space being one of them.
• Airbus Ventures currently manages $465 million and has just launched its fourth fund.

Airbus Ventures, a leading investor in space startups, has raised a $155 million fund to invest in the growing space sector and the broader "deep tech" ecosystem.

Thomas d'Halluin, managing partner of Airbus Ventures, stated to CNBC that this fund aims to create new opportunities, with space being one of them.

The resurgence of investment in the space industry, particularly from venture capital, has been observed after a two-year decline.

Airbus Ventures' new "Fund-Y" is focused on identifying long-term opportunities in early-stage deep tech startups, as defined by d'Halluin as "returning to the fundamental principles of physics and not being afraid of challenges." Deep tech companies are those that work on technologies that present significant scientific or engineering hurdles.

D'Halluin stated that patience is the topic, and people often desire instant gratification, but space does not offer immediate rewards.

Airbus Ventures highlighted the significance of funding founders with exceptional execution skills, as exemplified by their support of Impulse, a startup founded by Tom Mueller, renowned for his development of SpaceX's rocket engines.

Tom's 17 years of experience at SpaceX contributed to Impulse's success on its first mission, according to d'Halluin.

The notion of capturing the execution, knowledge, and skill set in a particular company is often neglected in deep tech diligence, but we are emphasizing its importance.

Airbus Ventures plans to allocate its funds globally, with a focus on space startups in Europe and Japan, according to d'Halluin.