The Journal of Space Commerce

The Journal of Space Commerce

In Depth

Craft Ventures

Space Commerce Investment Spotlight

Mike Turner's avatar
Mike Turner
Sep 09, 2025
∙ Paid

Craft Ventures is a San Francisco-based venture capital firm founded in 2017 by David Sacks and Bill Lee. The firm manages over $3.5 billion in assets across four early-stage funds and two growth funds, with 326 portfolio investments including space commerce companies SpaceX and Xona Space Systems.

Craft Ventures was established by founders with prior te…

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