# Venus Aerospace funding: rounds and investors

> Venus Aerospace has raised $90M across 2 rounds since 2025. Investors include Lockheed Martin, Mercury Fund and Draper Associates. Every round with its source.

Source: https://millionrounds.com/company/venus-aerospace (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Venus Aerospace*

2 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Aerospace & Space Defence Tech

Raised 4 months ago

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Funding summary Updated 5 Nov 2026

**$90M** raised across 2 rounds since 2025, from 2 sources

- **Latest round:** Series B, $90M Jul 2026
- **Led by:** Mercury Fund
- **Investors:** 7 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**?** Round

**$90M** Series B

- **First round:** Round
- **Biggest round:** $90M
- **Between rounds:** 8 months

## The rounds

- **Jul 2026** Series B **$90M** *6 new* *1 returning* [Mercury Fund](https://millionrounds.com/fund/mercury-fund) Lead [Draper Associates](https://millionrounds.com/fund/draper-associates) [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) [Peak 6](https://millionrounds.com/fund/peak-6) [MESH](https://millionrounds.com/fund/mesh) [Green Sands Equity](https://millionrounds.com/fund/green-sands-equity) [Starboard Star Venture Capital](https://millionrounds.com/fund/starboard-star-venture-capital) Also list them on their own site [Shane Neman](https://millionrounds.com/fund/shane-neman) Reported by TechCrunch SEC filing: $63M sold
- **Oct 2025** Round **Amount undisclosed** *1 new* [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) Lead Reported by Trousdale Ventures

## Funding filed with regulators

Venus Aerospace filed 5 raises, $111M in all. Filings say how much was sold and to how many investors; they never name the investors.

- May 2026 **$63M** 39 investors of $100M offered SEC Form D
- May 2023 **$16M** 17 investors equity of $33M offered SEC Form D
- Mar 2022 **$29M** 39 investors equity of $29M offered SEC Form D
- Jan 2021 **$3.2M** 19 investors equity SEC Form D
- Mar 2020 **$70K** 5 investors options SEC Form D

## Founders and team

From Venus Aerospace's own website: 1 founder, 5 on the team.

**Sassie Duggleby** Co-founder & CEO

- **Tom Barron** Chief Operating Officer
- **Cameron Taylor** VP, Operations
- **Matt Stohr** VP, Business Development
- **Sarah Boland Heine** Head of Communications
- **Sheila Menz** General Counsel

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2025 **Series B** 2026 [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) L [Mercury Fund](https://millionrounds.com/fund/mercury-fund) L [Draper Associates](https://millionrounds.com/fund/draper-associates) [Peak 6](https://millionrounds.com/fund/peak-6) [MESH](https://millionrounds.com/fund/mesh) [Green Sands Equity](https://millionrounds.com/fund/green-sands-equity) [Starboard Star Venture Capital](https://millionrounds.com/fund/starboard-star-venture-capital)

## Everyone who backed them

[Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) Corporate VC **2** rounds, led 1

[Mercury Fund](https://millionrounds.com/fund/mercury-fund) VC firm **1** round, led 1

[Draper Associates](https://millionrounds.com/fund/draper-associates) VC firm **1** round

[Peak 6](https://millionrounds.com/fund/peak-6) Corporate VC **1** round

[MESH](https://millionrounds.com/fund/mesh) VC firm **1** round

[Green Sands Equity](https://millionrounds.com/fund/green-sands-equity) Private equity **1** round

[Starboard Star Venture Capital](https://millionrounds.com/fund/starboard-star-venture-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=venus-aerospace).

## Also claim to have backed them

These 14 firms list Venus Aerospace as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Crescent Ridge VC](https://millionrounds.com/fund/crescent-ridge-vc) VC firm Per its own site

[BroadVision](https://millionrounds.com/fund/broadvision) Investment firm Per its own site

[Helios Capital](https://millionrounds.com/fund/helios-capital) Family office Per its own site

[Owl Capital](https://millionrounds.com/fund/owl-capital) VC firm Per its own site

[Redbeard Ventures](https://millionrounds.com/fund/red-beard-ventures) Angel network Per its own site

[Shane Neman](https://millionrounds.com/fund/shane-neman) Angel 2026, per its site

[Auxilium Partners](https://millionrounds.com/fund/auxilium-partners) VC firm Per its own site

[Canopus Advisors](https://millionrounds.com/fund/canopus-advisors) Advisor Per its own site

[Flux Capital](https://millionrounds.com/fund/flux-capital) VC firm Series A, per its site

[Lateral Capital Management](https://millionrounds.com/fund/lateral-capital-ma) VC firm Per its own site

[Massive](https://millionrounds.com/fund/massive) VC firm Per its own site

[Oak Ridge Ventures, LLC](https://millionrounds.com/fund/oak-ridge-ventures-llc) VC firm Per its own site

[RIII Ventures](https://millionrounds.com/fund/riii-ventures) VC firm Per its own site

[Tides Ventures](https://millionrounds.com/fund/tides-ventures) VC firm Per its own site

## Quick answers about Venus Aerospace

### Who invested in Venus Aerospace?

Venus Aerospace's investors include Lockheed Martin, Mercury Fund, Draper Associates, Peak 6 and MESH, and 2 more on record. Mercury Fund led its latest round.

### How much has Venus Aerospace raised?

Venus Aerospace has raised $90M across 2 rounds since 2025. One round did not disclose an amount, so the total is a floor.

### When did Venus Aerospace last raise?

Venus Aerospace's most recent round was a Series B of $90M in Jul 2026, led by Mercury Fund.

### What was Venus Aerospace's biggest round?

Its most recent round, $90M in Jul 2026, is also its largest on record.

### Who backed Venus Aerospace first?

Venus Aerospace's first round on record, in Oct 2025, was backed by Lockheed Martin.

### What stage is Venus Aerospace at?

Venus Aerospace's latest named round is a Series B, in Jul 2026.

### Where is Venus Aerospace based?

Venus Aerospace is based in the United States.

### Who led Venus Aerospace's rounds?

Lockheed Martin led the Undisclosed round in 2025; Mercury Fund led the Series B in 2026.

## Companies like Venus Aerospace

In the same sector, and raised in the last eighteen months.

[**Northwood Space** $505M · Nov 2026](https://millionrounds.com/company/northwood-space)[**Iris Technology** Oct 2026](https://millionrounds.com/company/iris-technology)[**Firehawk Aerospace** $150M · Oct 2026](https://millionrounds.com/company/firehawk-aerospace)[**Rendezvous Robotics** $28M · Oct 2026](https://millionrounds.com/company/rendezvous-robotics)[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)

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