Startup · United States
Proteus Space
HQ Los AngelesFounded 202111-50 employeesUpdated
We begin with your Payload ICD then generatively design a payload tailored bus around your mission objectives - using a flight proven design system and TRL9 spacecraft components.
Federal Obligations by Year (All USAspending, as Reported at the Time)
| Fiscal year | Direct: contracts |
|---|---|
| FY2026 (partial) | $500 |
| FY2025 | $2.0M |
| FY2024 | $3.2M |
Direct is the company's own reviewed UEIs. Reported by USAspending is subsidiaries as reported by USAspending: recipients that name this company as their parent, not yet reviewed ownership.
Directly matched recipients (up to 12)
UEIs matched to this organization, largest obligations first. Subsidiary recipients are not included in this list; their attributed obligations can appear in the company totals above.
- PROTEUS SPACE, INC. · KHKZCUJJ1BL5 · $5.2M
Each action is credited by the ownership basis shown in its column. Reported-parent rows count for Proteus Space only for the period a subsidiary reported Proteus Space as its parent; reviewed links follow their reviewed dates. Net of de-obligations; these are obligations, not ceilings. They come from the whole USAspending baseline (every recipient size, contracts and assistance) and are a separate view from the curated contract totals on this page. FY2026 and later are partial, as on Markets.
Funding4 rounds · $10.3M
- Equity raised
- $10.3M
- Latest
- $6.1MSeed · Mar 18, 2025
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Mar 18, 2025 | Seed | $6.1M | — | Lavrock Ventures | — | Reported |
| Oct 22, 2024 | Strategic | Undisclosed | — | — | — | Reported |
| Jul 12, 2023 | Seed | $4.2M | — | — | AIN Ventures, Capital Factory, Industrious Ventures, Lavrock Ventures, Mana Ventures, Moonshots Capital, The Veteran Fund | Speculative |
| 2022 | Pre-Seed | Undisclosed | — | — | AIN Ventures | Speculative |
- SeedLed by Lavrock Ventures$6.1MMar 18, 2025
- StrategicUndisclosedOct 22, 2024
- SeedWith AIN Ventures, Capital Factory, Industrious Ventures, Lavrock Ventures, Mana Ventures, Moonshots Capital, The Veteran FundSpeculative$4.2MJul 12, 2023
- Undisclosed2022
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems2
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
Capabilities1
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Space, launch and counterspace | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Designs payload-tailored spacecraft buses with flight-proven components, with no stated defense or government use. | Reported |
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Designs payload-tailored spacecraft buses with flight-proven components, with no stated defense or government use.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
People1
| Person | Role |
|---|---|
| David Kervin | co-founder and CEO |
Sources6
Profile2
- 1
Sixth-Domain · Supports Organization · kind
“{"group": "startups", "id": "632de86b-f5d9-4c12-b892-13532a75e394", "name": "Proteus Space"}”
- 2CompanyRapid Reliability™
Proteus Space · Supports Organization · description, Organization · name, Organization · website
“We begin with your Payload ICD then generatively design a payload tailored bus around your mission objectives - using a flight proven design system and TRL9 spacecraft components.”
Systems1
- 3CompanyMedia
Proteus Space · Supports System
“Proteus Space announces deployment of the MERCURY ONE satellite, delivering TRL9 flight-heritage to Proteus™, our AI-enabled, rapid payload-tailored satellite design platform.”
Funding2
- 4
bouncewatch.com · Supports Funding round, Funding round · amount, Organization · ownership
“Pre Seed Round Undisclosed 3 AIN Ventures, Van Espahbodi +1 01 Nov 2022”
- 5DatabaseProteus Space company profile
Octen Business Search · Supports Funding round, Organization · country, Organization · employee range, Organization · founded year, Organization · hq city, Organization · linkedin url
“funding round: Corporate Round, 2024-10-22, lead: SAIC”
People1
- 6
jpmorgan.com · Supports Role
“For military veterans like Grant Demaree, co-founder and CEO of Onebrief, and David Kervin, co-founder and CEO of Proteus Space, the entrepreneurial journey is not just about overcoming challenges—it’s about leveraging their unique backgrounds to build innovative, mission-driven companies.”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.