Balerion Space Ventures
Balerion Space Ventures funds emerging companies shaping the New Space Economy, focusing on launch, Earth observation, propulsion, and dual-use defense technologies.
In the firm's own words, from its website.
9 additional team members, 19 additional co-investors and affiliates, 15 additional investments, funds and LPs, 1 event, 13 verified contacts (10 professional url, 2 general firm email, 1 firm phone)
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 4 vehicleson Form D, 18 months
$129M reported sold so far.
A Form D is filed when a vehicle takes its first money, so these are open to LPs now.
- 1 companyportfolio raising
One portfolio company has new financing on record in 6 months without this firm named on the round; the latest on 7 May 2026 ($30M round).
A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.
People to know
View all people- MemberWhy: Named with investment responsibilityProfile
- MemberWhy: Named with investment responsibilityNo route on file yet
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
Relationship network
55 connected entities1 observed round
From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.
- Sponsor
- Company
- Fund or vehicle
- Person
›How strength and recency are read
Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
How am I connected?
Name your firm, a company or a person, and DFX finds the published routes to Balerion Space Ventures: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.
See how you connect to Balerion Space Ventures
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
17 companies on record, 0 new in 12 months
Investments on record
What these amounts mean“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Antares Corp. | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| AnySignal, Inc. | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| EREBOR | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- Sectors
- space, defense, industrial
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
13 current, 0 departed
Decision makers
- Daniel Kleinmann · MemberWhy this person: Named with investment responsibilityLinkedIn or profile link on file (firm website), confirmed 2026-10-01, confidence 90%
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. 1 with a route on file. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Investment team
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Managing Member
- Member · 1 deal attributed
- Member
Contacts
2 general firm email, 1 firm phone, 10 professional url on record, each with its source. Values open with the complete profile.
Funds and LPs
4 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Balerion Space Ventures Fund II, L.P. | Fund | 2024 form d first sale | Fundraising | $58.9M Mar 31, 2026 | 90 | $80.5M | May 4, 2026 |
| Balerion Space Ventures Fund II (Onshore Parallel), L.P. | Feeder or parallel | 2024 form d first sale | Fundraising | $9.5M Mar 31, 2026 | 25 | $9.9M | May 4, 2026 |
| Balerion Space Ventures Fund I (Onshore Parallel), L.P. | Feeder or parallel | 2024 form d first sale | Fundraising | $5.0M Mar 31, 2026 | 17 | $3.5M | May 28, 2025 |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.Relationships across DFX
22 co-investors
Co-investors
- 2026-10-013 shared deals · recurring
- 2026-10-012 shared deals · recurring
- 2026-10-012 shared deals · recurring
Compare portfolios with Space Angels, Seraphim Space Manager LLP, Type One Management or any firm. Co-investors across the market
Evidence and history
6 dated events, 63 observations from 3 sources
Timeline
- seen on or beforeSep 23, 2026Balerion Space Ventures: MICRO_VC -> INSTITUTIONAL_VC (venture manager, reported GAV $124M across 4 vehicles)Classification changedClassificationInference
- Mar 31, 2026Balerion Space Ventures Fund I (onshore Parallel), L.P. first reported on Form ADV by Balerion Space Ventures (Venture Capital Fund), GAV $5,011,653Fund first reported on Form ADVFundsInferenceBalerion Space Ventures Fund I (Onshore Parallel), L.P.Form ADV
- Mar 31, 2026Balerion Space Ventures Fund II (onshore Parallel), L.P. first reported on Form ADV by Balerion Space Ventures (Venture Capital Fund), GAV $9,497,109Fund first reported on Form ADVFundsInferenceBalerion Space Ventures Fund II (Onshore Parallel), L.P.Form ADV
- Mar 31, 2026Balerion Space Ventures Fund II, L.P. first reported on Form ADV by Balerion Space Ventures (Venture Capital Fund), GAV $58,851,275
- Jun 16, 2023Balerion Space Ventures first filed Form ADV (ERA, venture capital fund adviser exemption)
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 4 private fundsShowHide
- Headquarters
- Dallas, TXadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- balerionspace.com
- SEC adviser type
- Exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 31, 2026
- Private funds reported
- 4 (4 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $124Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Classification history
Every classification this record has carried3 on recordShowHide
- Sep 23, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $124M across 4 vehicles
- Sep 12, 2026Micro VC (confirmed, 95%)Venture manager, reported GAV $25.4M across 4 vehicles
- Sep 12, 2026Micro VC (confirmed, 95%)Venture manager, reported GAV $25.4M across 2 vehicles
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Apr 30, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Apr 30, 2024 | Fact | Form ADV |
| First Form ADV filing | 2023-06-16 | Mar 31, 2026 | Fact | Form ADV |
| First Form ADV filing | 2023-06-16 | Apr 30, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-04-30 | Apr 30, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 31, 2026 | Fact | Form ADV |
| SEC status effective | 2023-06-16 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Apr 30, 2024 | Fact | Form ADV |
| Business phone | Mar 31, 2026 | Fact | Form ADV | |
| Business phone | Apr 30, 2024 | Fact | Form ADV | |
| Contact page url | Oct 1, 2026 | Fact | ||
| Contact page url | Sep 16, 2026 | Fact | ||
| Description | Oct 1, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 15, 2026 | Fact | ||
| Headquarters | Dallas, TX | Mar 31, 2026 | Fact | Form ADV |
| Headquarters | Dallas, TX | Apr 30, 2024 | Fact | Form ADV |
| Office address | Mar 31, 2026 | Fact | Form ADV | |
| Office address | Apr 30, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Mar 31, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Apr 30, 2024 | Fact | Form ADV |
| Portfolio page | Oct 1, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 15, 2026 | Fact | ||
| Private funds reported | 4 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 4 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 1 | Apr 30, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $124M | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $124M | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $25.4M | Apr 30, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Sep 27, 2026 | Fact | Form ADV |
| Stated sectors | Space, defense, industrial “sector words on the home page” | Oct 1, 2026 | Fact | |
| Stated sectors | Space, defense, industrial “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | Space, defense, industrial “sector words on the home page” | Sep 15, 2026 | Fact | |
| Team page | Oct 1, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 15, 2026 | Fact | ||
| Venture funds reported | 4 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 4 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 1 | Apr 30, 2024 | Fact | Form ADV |
| Website | Mar 31, 2026 | Fact | Form ADV | |
| Website | Apr 30, 2024 | Fact | Form ADV | |
| Site title | Oct 1, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 15, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShowHide
Venture manager, reported GAV $124M across 4 vehicles
- importance
- gav: 0.33 · funds: 0.33 · people: 0.36 · investments: 0.47 · co investors: 0.54
- active deployment
- investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
- emerging manager
- fund count: 4 · reported gav: $124M · first adv filing: 2023-06-16 · years since first filing: 3.3
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Organization classification changed2026-09-23
- Adviser's first ADV filing2023-06-16source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.