Nebex announced that it has raised $30 million in seed funding to build market infrastructure for the global space economy. The round was led by GV, with participation from other venture funds. Nebex also announced a banking relationship with J.P. Morgan.
The funding and banking relationship are expected to help Nebex scale its platform and connect sovereign space programs with founders and companies developing technologies for the space industry.
Nebex is building a market infrastructure platform designed to support capital movement, revenue, and cash flow across the commercial space economy.
The company said space founders often face challenges delivering complex sovereign programs because the industry lacks the kind of capital markets infrastructure that supports revenue and cash flow in other sectors.
Nebex’s platform is designed to help founders spend more time building and less time managing uneven revenue and cash-flow gaps tied to government contracting.
For nations, Nebex said its platform can support more international and commercial collaboration while reducing cross-border financial friction.
The company also said it is designed to help ensure that international spending is reinvested in a nation’s own economy.
Nebex was founded in late 2025 by Tejpaul Bhatia, the former CEO of Axiom Space.
Bhatia previously worked on more than $1 billion in commercial space deals involving 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.
Nebex operates as an exchange layer that connects space companies directly with sovereign buyers and the capital that moves deals.
The company said its mission is to help build a functioning space economy where money moves through the space industry in a way similar to other global markets.
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.
KEY QUOTES:
“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. Support from these organizations gives Nebex the additional leverage and financial infrastructure to build the global space economy at the scale it demands.”
Tejpaul Bhatia, CEO of Nebex
“True markets scale when the infrastructure everyone sees and the infrastructure nobody sees grow together. That’s the bet we’re making with Nebex. 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.”
Erik Nordlander, General Partner at GV
“J.P. Morgan is proud to support Nebex as it moves into its next phase of growth. 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.”
Aneeka Sajid, Market Executive, Innovation Economy, Applied Tech at J.P. Morgan
