Douglas Gorman

FUSE launches $1M Space Program to back early-stage space startups, taps Quindar and Lumen Orbit CEOs as scouts

FUSE, a Seattle-based VC, launched the FUSE Space Program to invest $1M in early-stage space startups and expects to fund roughly three to four companies per year, leveraging scout CEOs from portfolio firms and its wider mentor network. The firm highlights its $250M second fund as enabling follow-on support that smaller seed-focused space funds or very large firms may not provide.