Tech Company Financing Transactions

Observable Space Funding Round

Detroit Venture Partners, Lux Capital and RTX Ventures joined a $90 million Series A funding round for Observable Space. The round was announced on 5/28/2026.

Transaction Overview

Company Name
Announced On
5/28/2026
Transaction Type
Venture Equity
Amount
$90,000,000
Round
Series A
Investors

Detroit Venture Partners (Lead Investor)

Lux Capital (Lead Investor) (Shahin Farshchi)

RTX Ventures (Lead Investor)

Upfront Ventures (Lead Investor)

BRV Capital Management

Fathom Capital

Proceeds Purpose
Observable Space plans to use the funding to support development of laser communications systems and in-space optical systems, as well as expand international partnerships.

Company Information

Company Status
Private & Independent
Industry
Defense
Mailing Address
2228 Cotner Ave
Los Angeles, CA 90064
USA
Phone
Undisclosed
Email Address
Overview
Observable Space is an LA-based space startup building the infrastructure to enable satellites and spacecraft to see, navigate and communicate. The vertically-integrated, full-stack company develops and builds advanced optical systems across laser communications, ground-based sensing, and in-space payloads. Co-founded in 2025 by former SpaceX exec Dan Roelker, Observable Space now employs more than 175 people across its manufacturing, engineering, spacecraft, and design labs.
Profile
Observable Space LinkedIn Company Profile
Social Media
Observable Space Company Twitter Account
Company News
Observable Space News
Facebook
Observable Space on Facebook
YouTube
Observable Space on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Dan Roelker
  Dan Roelker LinkedIn Profile  Dan Roelker Twitter Account  Dan Roelker News  Dan Roelker on Facebook
Chief Operating Officer
Rob Bishop
  Rob Bishop LinkedIn Profile  Rob Bishop Twitter Account  Rob Bishop News  Rob Bishop on Facebook
Chief Technical Officer
Connor Poole
  Connor Poole LinkedIn Profile  Connor Poole Twitter Account  Connor Poole News  Connor Poole on Facebook
President
Rick Hedrick
  Rick Hedrick LinkedIn Profile  Rick Hedrick Twitter Account  Rick Hedrick News  Rick Hedrick on Facebook
VP - Human Resources
Audra LaRocca
  Audra LaRocca LinkedIn Profile  Audra LaRocca Twitter Account  Audra LaRocca News  Audra LaRocca on Facebook
VP - Marketing
Phil Larson
  Phil Larson LinkedIn Profile  Phil Larson Twitter Account  Phil Larson News  Phil Larson on Facebook
VP - Marketing
Rishi Mohan
  Rishi Mohan LinkedIn Profile  Rishi Mohan Twitter Account  Rishi Mohan News  Rishi Mohan on Facebook
VP - Sales
Warren Curry
  Warren Curry LinkedIn Profile  Warren Curry Twitter Account  Warren Curry News  Warren Curry on Facebook


 

 

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We do our best to report on every notable VC transaction. VC transactions on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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