GV co-led a $30 million seed round into Nebex, a startup building a financial exchange for the space industry.
Founder Tejpaul Bhatia is the former chief executive of Axiom Space, with a $1 billion-plus track record in commercial space deals.
Nebex hasn’t launched yet, but a platform is due this summer, with full rollout planned by year’s end.
Tejpaul Bhati spent years closing space deals worth more than $1 billion as the former chief executive of Axiom Space, and he kept running into the same problem: nobody could move the money fast enough. Now Alphabet’s venture arm wants to fix that, for $30 million.
Nebex, founded in late 2025 and based in New York, has closed a $30 million seed round co-led by GV (Google Ventures) and Eniac Ventures, with 2048 Ventures, Better Tomorrow Ventures, Oceans Ventures, AIN Ventures and several other funds also participating. The company struck a new banking relationship with J.P. Morgan alongside the raise.
