HUMANUS.VC™ · Pre-seed & seed venture capital

We map the space economy. Then we write its first cheques.

We back founders building commercial space and allied defence technology across the Five Eyes, from Earth to the Moon.

Capability · size = companies tracked Portfolio holds it Hover or tap a node
43.65°N 79.38°W · Toronto 47.61°N 122.33°W · Seattle Mandate · Five Eyes Stage · Pre-seed → Seed Atlas · 548 companies · 35 capabilities
Earth & launch · 0 to 400 km
01 · Earth and launch

Everything starts with leaving the ground.

11 capabilities, from launch vehicles and propulsion to the ground systems that talk to everything above. Juno Propulsion is rebuilding the rocket engine.

02 · Orbit

Where the space economy already lives.

17 capabilities. Earth observation alone holds 85 of the companies we track. Portal Space Systems gives spacecraft the power to move on demand.

03 · Cislunar and beyond

The next frontier is being built now.

7 capabilities, from lunar landers to surface power. Few companies hold them yet. That is the opportunity.

The HUMANUS Atlas

548 companies. 35 capabilities. One map.

Sovereignty is moving to orbit™. We map who is building it, then we write the first cheque.

The edge of Earth seen from orbit

Sovereignty is moving to orbit.™ Navigation, timing, communications and warning all pass through space before they reach the ground. The capability free nations will rely on is being started today, by small teams. We meet them first.

Earth · Surface to LEO

Guarding Earth from space

Satellites that watch, listen and communicate for allied nations, in peacetime and in conflict.

Orbit · low Earth orbit

Hardware that moves things in space

Propulsion, mobility and servicing: the engines of an orbital economy.

Ground · Every mission

Software that turns data into decisions

Ground systems, mission software and autonomy that make space usable on Earth.

The ride got cheap. So the value moved up the stack.

Cost to put one kilogram in low Earth orbit, in US dollars. When launch is abundant, value moves into what operates in orbit: propulsion, servicing, sensing and autonomy.

Space Shuttle · 1981$85,216About 90 times Falcon Heavy
Atlas V 551 · 2016$5,685About 6 times Falcon Heavy
Falcon 9 · 2010$1,500Reusable boosters begin
Falcon Heavy · 2018$951The cheapest flown per kilogram
Starship target · 2026+<$100A target, not yet a flown price
Log scale. Source: Bryce Space and Technology; SpaceX; NASA historical data. The Starship figure is a target, not a flown price.
Launch cost per kilogram to low Earth orbit
Vehicle and yearUS dollars per kilogram
Space Shuttle · 1981$85,216
Atlas V 551 · 2016$5,685
Falcon 9 · 2010$1,500
Falcon Heavy · 2018$951
Starship target · 2026+<$100
Portfolio

Two engines.
One direction: up.

Transfer · LEO ↔ MEOHolding orbit
In-space mobility · Washington, USA

Portal Space Systems

Manoeuvrability when you need it. On demand.

Spacecraft built on solar thermal propulsion that reposition, rendezvous and persist, for missions a static satellite can't fly.

Read more portalsystems.space ↗
Rotating detonation · annulus3 co-rotating fronts
Propulsion · Seattle, USA

Juno Propulsion

Rocket engines, brought from 1940s physics into this century.

A rotating detonation engine burns propellant in a supersonic wave that spins around the chamber, releasing more energy from every kilogram. Juno is working toward the first one fired in orbit.

2×Cargo to orbit*
2×Speed advantage*

*Potential impact as described by Juno Propulsion.

Read more junopropulsion.com ↗
The HUMANUS Atlas™

The map of the space economy no one else has.

Every company, funder, person and mission, connected by the capability it holds. It shows us where the field is crowded, where it is empty, and who depends on whom.

548Companies mapped
35Capabilities
384,400Km, Earth to Moon
The 3D Atlas · launching soonGet early access

A lunar base needs nine capabilities. So does every space business.

We invest in the horizontal layer: the capabilities a mission depends on, whatever it is flying. Choose one to see the problem it solves.

Transit

Between orbits, spacecraft run out of manoeuvre long before they run out of mission.

Portfolio · Portal Space Systems
Get on the map

The Atlas is open to look at. The analysis is by invitation.

For founders

Claim or add your company

Correct your listing and put your company in front of the people who use the map.

Launching soon

Get early access to the Atlas

The full 3D Atlas launches soon. Be among the first in.

Built for hardware timelines.

Map before money

Every cheque is checked against the Atlas: who else holds the capability, who needs it first, and who buys it.

First cheque, real conviction

We lead or anchor at pre-seed and seed, when a technical founder's insight is the only asset on the table.

Allied by design

Built for Five Eyes buyers, export realities and sovereign supply chains from the first meeting.

Rooms others can't open

Podcasts, accelerators and programs that put founders in front of primes, agencies and the next round's lead.

We built the first capability of commercial space. Now we back what comes next.

Low-cost, rapid access to low Earth orbit was built by engineers like ours. That experience is how we judge the companies that follow.

Investment committee100+ years of combined SpaceTech building and investing experience
Our filterThe 2022 technical vision
Based inToronto and Seattle
Our 2022 technical vision

Tell us what you're building. We write first cheques at pre-seed and seed.

A partner reads every submission. You'll get a clear yes, no, or not yet.

Pitch us

Send us your company

What happens next
  1. We read itA partner reviews every submission against the thesis and the Atlas.
  2. If it fits, we talkWe set up a first call and tell you what we'd need to see.
  3. Either way, we say soA clear yes, no, or not yet.
Founder competition

Space Challenge

Cohort 2 is open to space startups in Canada and around the world.

A lone figure on a vehicle beneath the Milky Way

Every giant leap starts with a first believer.

Building in commercial space or allied defence in Canada, the US, the UK, Australia or New Zealand? Tell us what you're building.

Pitch us