F4 FundFund
TeamPortfolioRaiseChampionsEssays
Sign in
Investment ThesisInvestment TeamF4 Research BriefSelected PortfolioRecent UpdatesFrequent co-investorsSimilar Firms
Warm Fund

Airbus Ventures

www.airbusventures.vc · Menlo Park, California

“Back deeptech entrepreneurs with deep technical expertise, integrity-driven vision, and complex problem-solving capabilities working at intersections of space, autonomous mobility, advanced materials, quantum computing, and climate technology. Use aerospace systems lens to identify dual-use deep-science technologies with extraordinary technical leadership and first-principles engineering expertise capable of unlocking entirely new economies.”

$100K – $10M
Check Size
Leads & Follows
Lead Tendency
~2 Weeks
Timeline
01Investment Thesis

Back deeptech entrepreneurs with deep technical expertise, integrity-driven vision, and complex problem-solving capabilities working at intersections of space, autonomous mobility, advanced materials, quantum computing, and climate technology. Use aerospace systems lens to identify dual-use deep-science technologies with extraordinary technical leadership and first-principles engineering expertise capable of unlocking entirely new economies.

Exclusion Criteria

Avoid shallow technologies or commodity businesses. No founders lacking vision or execution capability. Selective about markets without global scale potential. Pass on teams unwilling to partner with experienced investors or requiring only capital without domain expertise.

02Investment Team
TD
Thomas d'Halluin
Managing Partner
NC
Nicole Conner
Partner
LP
Lewis Pinault
Chief Science Advisor
MC
Mathieu Costes
Operating Partner
OH
Orli Herschmann
Head of Strategy and Communication
03F4 Research Brief

Airbus Ventures Research

Overview

Airbus Ventures is an independent, globally-focused venture capital firm investing in deep-tech entrepreneurs building the future of aerospace, space, and sustainable technologies. Based in Menlo Park, California, with offices across Europe and Asia (Tokyo), the firm combines early to growth-stage VC expertise with unique strategic alignment to Airbus' vast aerospace and defense infrastructure and domain knowledge.

Investment Thesis & Vision

Airbus Ventures operates in service of "deeptech entrepreneurs who are inspired to design, build, and service complex engineering products capable of unlocking entirely new economies." The firm backs founders with deep technical expertise, integrity-driven vision, and complex problem-solving capabilities. Using an aerospace systems lens, they back dual-use deep-science technologies with extraordinary technical leadership and first-principles engineering expertise.

Investment Focus & Sectors

Airbus Ventures maintains a broad deep-tech mandate spanning autonomous mobility, space technology, advanced materials, quantum computing, sensing and data, climate and energy, advanced manufacturing, and dual-use security applications. Portfolio examples include CesiumAstro (satellite communications), Aerospacelab (Earth observation), LeoLabs (space traffic management), Q-CTRL (quantum software), IonQ (quantum computers), Venus Aerospace (hypersonic aircraft), and Fourier (clean manufacturing).

Stage Focus & Check Size

Primary focus on Seed and Series A stages, with secondary activity in pre-seed and growth-stage companies. Check size ranges from $100,000 to $10,000,000, with typical seed investments of $250K-$3M and Series A investments of $1M-$10M+. Fund maintains follow-on reserves for portfolio support.

Lead Tendency & Decision Process

Airbus Ventures both leads and syndicates rounds with co-investors. Decision process follows a lean partnership model with Managing Partner Thomas d'Halluin overseeing investment strategy, supported by Partners Nicole Conner and Lewis Pinault plus Operating Partner Mathieu Costes. Decision timeline averages 2-3 weeks for seed-stage investments.

Recent Activity & Fund Status

Fund II ($155 million, launched 2024) is actively deploying across 101+ portfolio companies. Recent investments include Vatn Systems (December 2025), CesiumAstro additional $470M (February 2026), and Fourier Series A $18.5M (April 2025). The fund demonstrates consistent deployment across space, advanced materials, quantum, and clean tech sectors.

Portfolio Highlights

Airbus Ventures has backed over 100 companies with notable successes including CesiumAstro (satellite communications with $470M recent funding), LeoLabs (space traffic management), Aerospacelab (Earth observation), IonQ (quantum computing), Q-CTRL (quantum software), Telexistence (remote robotics), Venus Aerospace (hypersonic aircraft), Isar Aerospace (launch systems), SpinLaunch, Universal Hydrogen, Bcomp (advanced materials), Fourier (clean manufacturing), Atlas AI (geospatial intelligence), Astrocast (satellite IoT), and Infostellar (satellite operations).

Team & Leadership

Thomas d'Halluin (Managing Partner) brings 20 years aerospace experience as former Airbus CFO Chief of Staff with mechanical engineering background. Nicole Conner (Partner) provides legal, finance, and deal expertise from White & Case and Arnold & Porter. Lewis Pinault (Chief Science Advisor) combines engineering, planetary science, and consulting background with deep space expertise. Mathieu Costes (Operating Partner) manages EMEA operations with 11 years at Airbus. The lean team is supported by senior associates, analysts, and advisors with aerospace and deep-tech specialization.

Geographic Focus

Primary office in Menlo Park, California with secondary offices in New York, France, and Tokyo. Investment geography spans United States (Silicon Valley tech hubs and aerospace clusters), Europe (France, Belgium, Germany, UK space clusters), Asia-Pacific (Japan focus), and selective emerging markets. The global footprint reflects both Airbus' international presence and deliberate strategy to source deep-tech innovation worldwide.

Founder Preferences & Engagement

Airbus Ventures seeks founders with deep technical expertise, bold vision, integrity-driven motivation, systems thinking, execution focus, and coachability. The firm provides strategic capital, deep aerospace and engineering expertise, connections to Airbus ecosystem, portfolio support, and help recruiting aerospace/defense talent. Engagement emphasizes long-term partnership for building enduring companies rather than quick exits.

Investment Criteria

Airbus Ventures backs founders with domain expertise solving planetary-scale challenges at aerospace/space/climate/manufacturing intersections with dual-use potential. They avoid teams lacking vision, shallow technologies, markets without global scale, and founders unwilling to partner. Warm introductions preferred but not required. Decision process is partnership-based with 2-3 week timeline.

04Selected Portfolio
Aerospace & Defense
Aerospacelab·LeoLabs·Venus Aerospace·Isar Aerospace·SpinLaunch·Universal Hydrogen·Impulse Space·CesiumAstro
Enterprise Software
IonQ·Q-CTRL·Fourier·Atlas AI·Astrocast·Infostellar·Transcelestial·Qunnect·Featherless AI
Manufacturing & Industrial
Bcomp
Media & Entertainment
Arevo
Robotics & Automation
Telexistence·Cognata·VATN Systems
Open the full portfolio→
05Recent Updates

Fresh signals from public announcements, essays, and portfolio activity.

See full activity (11) →
Portfolio company Solestial, seeded and Series-A-backed by Airbus Ventures, was acquired by York Space Systems in a cash-and-stock deal to verticalize the space solar supply chain.
EXIT·businesswire.com+1
MAY 19, 2026
Portfolio company GBatteries completed secondary transaction exit.
EXIT·pitchbook.com
APR 1, 2026
Portfolio company Catalog exited.
EXIT·cbinsights.com
MAR 5, 2026
Participated in CesiumAstro's $470M Series C (equity $270M) to scale space communications and AI-enabled satellite platforms.
INVESTMENT·businesswire.com
FEB 2, 2026
Published essay series on systems design and resilience for mission-critical infrastructure under extreme pressure.
ESSAY·airbusventures.vc
FEB 2026
06Frequent co-investors
TV
Trousdale Ventures
Both backed 4 of the same companies
CesiumAstro, VATN Systems, Impulse Space, Venus Aerospace
AV
Alumni Ventures
Both backed 3 of the same companies
Q-CTRL, LeoLabs, Impulse Space
LM
Lockheed Martin Ventures
Both backed 3 of the same companies
IonQ, Q-CTRL, Venus Aerospace
BI
BMW i Ventures
Both backed 2 of the same companies
Featherless AI, Bcomp
BC
Bullhound Capital
Both backed 2 of the same companies
Q-CTRL, LeoLabs
Find the investors for your round→
07Similar Firms
M
Massive
$500K – $3M · Seed · Series A
→
CV
Caruso Ventures
$500K – $2.5M · Seed · Series A
→
SC
Space Capital
$250K – $3M · Pre-Seed · Seed
→
7V
7percent Ventures
$250K – $2M · Pre-Seed · Seed
→
HC
Helios Capital
$25K – $1M · Pre-Seed · Seed
→
Quick Reference
Check Size
$100K – $10M
Stages
Seed · Series A · Pre-Seed · Series B
Decision
Partnership · ~2 Weeks
Warm Intro
Not Required
Involvement
Advisor
Location
Menlo Park, California
Sector Focus
Aerospace & DefenseSemiconductors & HardwareLogistics & Supply ChainRobotics & AutomationClimate & Sustainability
Models
B2B SaaSDeep TechHardwareInfrastructure
Technology
Aerospace DefenseSemiconductors HardwareAi Ml
See all Aerospace & Defense investors →See all Semiconductors & Hardware investors →See all Logistics & Supply Chain investors →
Visit www.airbusventures.vc ↗

See how Airbus Ventures matches your startup

Get a personalized match report in minutes.

Get Your Match Report
Focus Areas
Aerospace & DefenseSemiconductors & HardwareLogistics & Supply ChainRobotics & AutomationClimate & Sustainability

See how Airbus Ventures matches your startup

Get a personalized match report in minutes.

Get Your Match Report
Is this your firm? Claim your profile
F4 Intelligence Report · Last Researched August 4, 2026F4 Research Engine