Mark Matossian co-founds Whipsmart Ventures for space and deep tech
Whipsmart Ventures
Mark Matossian and two co-founders launched Whipsmart Ventures, a fund for Series A-stage space and deep-tech startups.

what happened
Mark Matossian, a space industry veteran who worked on Iridium, Teledesic, and the OneWeb precursor at Google, co-founded Whipsmart Ventures with software developer Lylan Masterman and author Judy Robinette, per SpaceNews. The fund targets Series A-stage space and deep-tech companies with working prototypes that are struggling to raise the funding needed to reach commercial scale, and says it will take board seats and larger ownership stakes than typical seed funds.
why it matters
Whipsmart is positioning itself in what Matossian calls a funding gap between seed and Series B rounds for hard-tech space startups. If the fund starts writing checks, it becomes a new capital source for companies building in categories like secure positioning and navigation, orbital compute, and robotics that have been slower to attract Series A investors.
signal-to-noise
quick facts
- Companies
- Whipsmart Ventures
- Category
- financial
- Impact
- noise
- SNR
- 3 / 5
- Event date
- 2026-07-23
- Published
- 2026-07-26 09:45 UTC