# Venus Aerospace

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/venus-aerospace

- Industry: Aerospace
- Headquarters: Houston, US
- Website: www.venusaero.com
- Total disclosed funding: $111M
- Latest round: Series B (Apr 17, 2026)
- Investors on record: 18

## About

Venus Aerospace Corp, based in the US, specializes in developing innovative hypersonic technology that aims to revolutionize air travel and defense systems through its unique propulsion solutions. Founded in 2020 in Houston, US, Venus Aerospace Corp focuses on hypersonic flight technology. The company was established by Andrew Duggleby and Sarah Duggleby. As of October 2025, Venus Aerospace Corp has successfully completed 8 deals, including a recent venture funding round that raised an undisclosed amount from  Lockheed Martin Ventures. Venus Aerospace specializes in developing reusable hypersonic technology aimed at transforming the aviation, defense, and commercial sectors. The cornerstone of their product offering is the Detonation Ramjet engine, which serves as a single-engine solution for hypersonic flight. This innovative engine is designed to operate at high Mach speeds, catering to both military and civilian applications. The company’s technology targets significant challenges in speed and efficiency, enabling faster air travel and advanced defense capabilities. Venus Aerospace focuses on governmental defense agencies and commercial aviation sectors, particularly in North America, Europe, and select regions in Asia. The revenue model for Venus Aerospace is structured around partnerships and direct sales of their proprietary hypersonic technologies. Business transactions typically involve long-term contracts with governmental and commercial clients, including upfront payments for development phases followed by ongoing royalties or maintenance agreements once the technology is operational. The Detonation Ramjet engine is offered as part of integrated systems for hypersonic flight solutions, with pricing plans tailored to clients' needs based on the project scope and level of customization. In April 2026, Venus Aerospace Corp. raised USD 63 million in series B funding from Mercury, Green Sands Equity, Trousdale Ventures, Starboard Star Venture Capital, PEAK6 Investments, and Mesh Ventures. Draper, Seraph Group, Lockheed Martin Ventures, Airbus Ventures, Prime Movers Lab, and other unspecified investors also participated in the round. The company will use the April 2026 funding to expand manufacturing capacity, advance development of its rotating detonation rocket engine, and scale production for defense and space customers.

## Funding rounds

- Series B, Apr 17, 2026, $63M — Mercury, Seraph Group, PEAK6 Investments, Draper, Airbus Ventures, Mesh Ventures, Lockheed Martin Ventures, Prime Movers Lab, Trousdale Ventures, Green Sands Equity, Starboard Star Venture Capital
- Series A, May 22, 2023, $16M — Alumni Ventures Group, Airbus Ventures
- Series A, Mar 21, 2022, $29M — Seraph Group, Boost VC, Draper, Alumni Ventures Group, Cantos Ventures, The Helm, Prime Movers Lab, Saturn Five, Tamarack Global
- Seed, Aug 16, 2021 — The Helm
- Seed, Apr 19, 2021 — Alumni Ventures Group, Cantos Ventures
- Seed, Jan 8, 2021, $3.2M — Boost VC, Draper, Alumni Ventures Group, XFactor Ventures, Prime Movers Lab, Saturn Five

## Investors

- Boost VC (https://capitalatlas.ai/funds/boost-vc) — Seed, Series A
- Draper (https://capitalatlas.ai/funds/draper) — Seed, Series A, Series B
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed, Series A
- XFactor Ventures (https://capitalatlas.ai/funds/xfactor-ventures) — Seed
- Prime Movers Lab (https://capitalatlas.ai/funds/prime-movers-lab) — Seed, Series A, Series B
- Saturn Five (https://capitalatlas.ai/funds/saturn-five) — Seed, Series A
- Cantos Ventures (https://capitalatlas.ai/funds/cantos-ventures) — Seed, Series A
- The Helm (https://capitalatlas.ai/funds/the-helm) — Seed, Series A
- Seraph Group (https://capitalatlas.ai/funds/seraph-group) — Series A, Series B
- Tamarack Global (https://capitalatlas.ai/funds/tamarack-global) — Series A
- Airbus Ventures (https://capitalatlas.ai/funds/airbus-ventures) — Series A, Series B
- Mercury (https://capitalatlas.ai/funds/mercury) — Series B
- PEAK6 Investments (https://capitalatlas.ai/funds/peak6-investments) — Series B
- Mesh Ventures (https://capitalatlas.ai/funds/mesh-ventures) — Series B
- Lockheed Martin Ventures (https://capitalatlas.ai/funds/lockheed-martin-ventures) — Series B
- Trousdale Ventures (https://capitalatlas.ai/funds/trousdale-ventures) — Series B
- Green Sands Equity (https://capitalatlas.ai/funds/green-sands-equity) — Series B
- Starboard Star Venture Capital (https://capitalatlas.ai/funds/starboard-star-venture-capital) — Series B