Nebex, the market infrastructure platform for the global space economy, announced a $30M seed investment led by GV (Google Ventures), with participation from other top-tier venture funds. The company also announced a banking relationship with J.P. Morgan. The capital raise and new banking relationship will help Nebex scale its platform and connect sovereign space programs with the founders and companies building new technologies to serve the space industry.
"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.”
Since its inception, the space industry has run on a closed loop with a handful of legacy contractors building hardware for a handful of government contracts. That model has now been fundamentally upended with the increased access to orbit and what's emerging is the space economy's first real moment as a market.
For founders, Nebex means more time developing their vision and less time managing around uneven revenue and cash-flow gaps involved in government contracting. For nations, Nebex means more international and commercial collaboration globally, and less cross border financial friction. Most important, Nebex ensures that international spend is immediately reinvested in a nation’s own economy.
“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.”
Founded in late 2025 by Tejpaul Bhatia, former CEO of Axiom Space, Nebex builds on his $1B-plus track record in commercial space deals with sovereign governments, SpaceX, and NASA. He is joined by Anand Subramanian, founder of venture-backed exchanges ContextWeb and NimbleTV, and Manlio Di Stefano, former Vice Minister of Foreign Affairs of Italy.
"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.”
About Nebex
Nebex is the market infrastructure for the global space economy. The platform operates as an exchange layer that connects space companies directly to sovereign buyers and the capital that moves deals. Founded by former Axiom Space executives and serial entrepreneurs Tejpaul Bhatia and Anand Subramanian, Nebex's mission is to build a functioning space economy, where money moves through the space industry the way it moves through every other market on Earth. Nebex is backed by GV, Eniac Ventures, 2048 Ventures, Better Tomorrow Ventures, Oceans Ventures, AIN Ventures, Also Capital, Anagram, Armory Square Ventures, Multiball Capital, Trajectory Capital, and VSC Ventures. For more information, visit https://www.nebex.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20260629317768/en/
© Business Wire, Inc.
Disclaimer :
This press release is not a document produced by AFP. AFP shall not bear responsibility for its content. In case you have any questions about this press release, please refer to the contact person/entity mentioned in the text of the press release.