Alpine Space Ventures
Also known as Alpine Space Ventures Management GmbH, Alpine Space Ventures Fund I, Alpine Space Ventures Fund II
Munich VC founded in 2021 investing only in early-stage space companies; first fund closed at €170m in 2024 (EIF, NATO Innovation Fund, family offices). Leads rounds with €10–20m.
- HEADQUARTERS
- Munich, Germany
- FOUNDED
- 2021
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 6 people
FOCUS
- STAGES
- Series A
- ASSET MIX
- Venture capital
- GEOGRAPHY
- EuropeUnited States
WHAT IT IS
VC Fund. A fund manager investing capital raised from limited partners into startups.
ABOUT
Alpine Space Ventures is a Munich venture capital firm led by former SpaceX vice-president Bulent Altan and investor Joram Voelklein, investing exclusively in early-stage companies across the space industrial base, from components and satellites to ground segment and data. Its manager, Alpine Space Ventures Management GmbH, is a registered AIFM under the KAGB and the EuVECA Regulation. Fund I closed at €170 million in July 2024, backed by the European Investment Fund (via CASSINI, InvestEU and ERP funds), the NATO Innovation Fund, family offices and more than 20 former SpaceX employees; a Fund II has SFDR disclosures dated January 2026.
INVESTMENT THESIS
Invests in the space industrial base (no science-fiction moonshots): components, satellite manufacturing and operation, service provision and data processing; usually early-stage companies with a customer pipeline and first revenues; mainly Europe with selective US deals; extremely selective, high-conviction portfolio; typically leads rounds with €10–20m initial tickets plus follow-on.
PORTFOLIO (7)
- Northwood SpaceNOTABLESpace
- K2 SpaceNOTABLESpace
- Space
- Space
- Space
- Space · since 2026
- Space
TEAM
LINKS
FAQ
Alpine Space Ventures is a VC fund based in Munich, Germany, founded in 2021.
Yes. Alpine Space Ventures invests directly in private companies.
Alpine Space Ventures invests at Series A stage in Space and Deep Tech.
Alpine Space Ventures's stated ticket size is €10M–€20M.
Key people at Alpine Space Ventures include Bulent Altan (Founding Partner), Joram Voelklein (Founding Partner), Catriona Chambers (Technical Director) and Lynn Zoenen (Principal).
Alpine Space Ventures's investments include Northwood Space, K2 Space, Reflex Aerospace, Blackwave, Source Energy, constellr and Morpheus Space.
The most recent publicly reported investment by Alpine Space Ventures is constellr (Series A (EUR 37m, lead with Lakestar)), announced in Feb 2026.
Alpine Space Ventures states that it accepts submissions.
Yes. Alpine Space Ventures manages capital from outside investors.