FUSE Adds Eighth Space Investment, Expands Beyond Seattle
FUSE, founded in 2020, has expanded from Seattle software investing into space, announcing its eighth space investment this week. The firm led the seed round for Indiana-based Pluto Aerospace, a reusable launch company focused on rapid component and hypersonics testing. FUSE has invested more than $45 million across eight space companies, with a quarter of its portfolio now in space, robotics, and data center infrastructure.
FUSE started in 2020 to bring Bay Area venture practices to Seattle software firms. In early 2024, it made its first space bet, leading a $6 million seed round for Quindar, which develops software for spacecraft missions. Starcloud came next.
This week's deal is FUSE's eighth space investment: it led seed funding for Indiana-based Pluto Aerospace, a reusable launch startup aimed at faster component and hypersonics testing. FUSE has invested more than $45 million across eight space companies; a quarter of its portfolio now covers space, robotics, and data-center infrastructure. It also runs a Seattle space summit.
The firm’s growing space portfolio could speed up testing and iteration for launch, hypersonics, robotics, and orbital infrastructure ventures. Engineers, suppliers, and regional tech hubs in Seattle and Indiana may see new opportunities, while investors gain more interconnected startups. If these tools mature, they may influence how quickly aerospace experiments reach orbit, though commercial and technical results remain uncertain.