Nebex Raises $30M Seed Round Led by  Google Ventures

The company plans to use the funding to expand its electronic transaction platform, strengthen compliance for cross-border defense and aerospace technology trade, and grow its engineering team.

The space industry has traditionally been dominated by a small number of contractors working on government projects. However, greater access to space is creating new commercial opportunities and turning the industry into a broader global market.

Nebex aims to help space startups spend more time developing their technology and less time dealing with the financial challenges of government contracts. It also supports international collaboration by reducing cross-border payment barriers while helping ensure that spending benefits local economies.

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"J.P. Morgan is proud to support Nebex as it moves into its next phase of growth,” said Aneeka Sajid, Market Executive, Innovation Economy, Applied Tech at J.P. Morgan. “The space economy is at an inflection point, and founders like Tejpaul and his team are building essential infrastructure that expands access and accelerates innovation across the ecosystem.”

“True markets scale when the infrastructure everyone sees and the infrastructure nobody sees grow together. That's the bet we're making with Nebex,” said Erik Nordlander, General Partner at GV. “Tejpaul is a rare founder who actually knows how to move fast in a heavy, high-friction industry like space. Nebex is building the financial backbone that will finally unlock the entire commercial space economy.”

"We built Nebex because we've seen firsthand that ambitious space founders struggle to deliver complex sovereign programs due to the lack of capital markets infrastructure that supports revenue and cashflow. This is something that exists in nearly every other industry," said Tejpaul Bhatia, CEO of Nebex. "Support from these organizations gives Nebex the additional leverage and financial infrastructure to build the global space economy at the scale it demands.”

About Nebex

Founded by former Axiom Space executives Tejpaul Bhatia and Anand Subramanian, Nebex is a platform that supports the global space economy. It connects space companies with government buyers and funding, making it easier to complete transactions. The company's goal is to create a more efficient, and connected space marketplace where money and business opportunities can move more smoothly.

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