Fleet Space

Adelaide, Australia Founded: 2018 • Age: 8 yrs
Integrated space-enabled geoscientific data is provided for mineral exploration.
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About Fleet Space

Fleet Space is a company based in Adelaide (Australia) founded in 2018.. Fleet Space has raised $166.89 million across 4 funding rounds from investors including Hostplus, Ontario Teachers' Pension Plan and Blackbird Ventures. Fleet Space has completed 1 acquisition, including HiSeis. Fleet Space offers products and services including ExoSphere and 7 Sisters Mission. Fleet Space operates in a competitive market with competitors including Astroscale, Planetary Resources, HELIOS, Origin of space and Deep Space Industries, among others.

  • Headquarter Adelaide, Australia
  • Stage Minicorn
  • Sectors
    Aerospace, Defense & Maritime
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fleet Space Technologies Pty Ltd
Operational Areas
Aerospace, Defense & Maritime → Space Technology & Exploration
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $166.89 M (USD)

    in 4 rounds

  • Latest Funding Round
    $100 M (USD), Series D

    Dec 11, 2024

  • Investors
    Hostplus

    & 14 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Fleet Space

Fleet Space offers a comprehensive portfolio of products and services, including ExoSphere and 7 Sisters Mission. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides real-time mineral exploration with AI and space tech.

Develops seismic technology for lunar surface missions.

Funding Insights of Fleet Space

Fleet Space has successfully raised a total of $166.89M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $100 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Series D — $100.0M
  • First Round

    (05 Sep 2019)

  • Investors Count 15
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2024 Amount Series D - Fleet Space Valuation Ontario Teachers' Pension Plan
May, 2023 Amount Series C - Fleet Space Valuation Blackbird Ventures
Nov, 2021 Amount Series B - Fleet Space Valuation Artesian , Blackbird Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Fleet Space

Fleet Space has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include Hostplus, Ontario Teachers' Pension Plan and Blackbird Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are made in seed, early, and later-stage tech companies.
Founded Year Domain Location
Horizons Ventures is focused on investing in deep science and technology.
Founded Year Domain Location
Venture capital and private debt fund focused on climate, agrifood, health, AI, and multiple sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Fleet Space

Fleet Space has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HiSeis. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based software for hard rock mining exploration is developed.
2010
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Fleet Space

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fleet Space Comparisons

Employees
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Competitors of Fleet Space

Fleet Space operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Astroscale, Planetary Resources, HELIOS, Origin of space and Deep Space Industries, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Satellite solutions for space debris removal are developed.
domain founded_year HQ Location
Satellite and space-craft manufacturers for asteroid mining and space exploration
domain founded_year HQ Location
Provider of solutions to extract and utilize metals and oxygen for future space exploration
domain founded_year HQ Location
Space exploration services and resource utilization in asteroids are provided.
domain founded_year HQ Location
Asteroid mining and space resource technologies are developed commercially.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fleet Space

Frequently Asked Questions about Fleet Space

When was Fleet Space founded?

Fleet Space was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Fleet Space located?

Fleet Space is headquartered in Adelaide, Australia. It is registered at Adelaide, South Australia, Australia.

Is Fleet Space a funded company?

Fleet Space is a funded company, having raised a total of $166.89M across 4 funding rounds to date. The company's 1st funding round was a Series B of $26.4M, raised on Sep 05, 2019.

What does Fleet Space do?

Fleet Space was founded in 2018 in Adelaide, Australia, within the space technology sector. Integrated geoscientific data enabled by space systems is supplied for mineral exploration applications. A platform fusing satellite technology with analytics is utilized to deliver real-time insights and uncertainty modeling. Operations emphasize seamless integration with client systems, supporting decision-making in challenging geological settings across global sites.

Who are the top competitors of Fleet Space?

Fleet Space's top competitors include Astroscale, HELIOS and TransAstra.

What products or services does Fleet Space offer?

Fleet Space offers ExoSphere and 7 Sisters Mission.

How many acquisitions has Fleet Space made?

Fleet Space has made 1 acquisition, including HiSeis.

Who are Fleet Space's investors?

Fleet Space has 15 investors. Key investors include Hostplus, Ontario Teachers' Pension Plan, Blackbird Ventures, Horizons Ventures, and Artesian.

What is Fleet Space's valuation?

The valuation of Fleet Space is $350M as of May 2023.

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