Former Axiom Space CEO’s fintech startup Nebex raises $30M seed led by Google Ventures

The commercial space industry has attracted billions in investment over the past decade, yet one problem has remained stubbornly difficult to solve. Startups can build rockets, satellites, and software, but getting paid for complex government contracts often takes months or longer, creating cash flow gaps that can slow growth. Nebex wants to fix that.

The startup announced Monday that it has raised a $30 million seed round led by Google Ventures, with participation from several venture firms focused on technology and early-stage companies. Nebex also revealed a new banking relationship with J.P. Morgan, giving the young company financial support as it builds infrastructure for the growing global space economy.

“Today, Nebex announced a $30M seed round co-led by GV (Google Ventures) and Eniac Ventures. We also announced a banking relationship with JPMorganChase,” Nebex founder and CEO Tejpaul Bhatia said in a post on LinkedIn.

The company plans to use the new funding to scale its platform, which connects sovereign space programs with the startups and businesses developing technologies for government and commercial missions.

“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 cash flow. This is something that exists in nearly every other industry,” said Tejpaul Bhatia, CEO of Nebex. “Support from these organizations gives Nebex the additional leverage and financial infrastructure to build the global space economy at the scale it demands.”

Nebex Raises $30M Seed From GV, Wins J.P. Morgan Banking Deal to Accelerate the Global Space Economy

Space has changed dramatically over the last several years. Lower launch costs, private investment, and growing government interest have opened the door for a new generation of companies. Yet many founders still face a familiar challenge. Government contracts can create long delays between completing work and receiving payment, making it harder to finance growth.

Nebex is positioning itself as the financial infrastructure connecting governments, space companies, and capital. Its platform serves as an exchange layer to help move deals more efficiently and reduce the financial friction that often accompanies large sovereign programs.

For startups, the goal is simple. Spend more time building technology and less time managing uneven revenue cycles. For governments, Nebex aims to make international commercial partnerships easier to finance, with spending flowing back into domestic economies through the platform.

“True markets scale when the infrastructure everyone sees and the infrastructure nobody sees grow together. That’s the bet we’re making with Nebex,” said Erik Nordlander, General Partner at GV. “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.”

Founded by veterans of the commercial space

Nebex was founded in late 2025 by fintech veteran Tejpaul Bhatia, the former CEO of Axiom Space. Before launching the company, Bhatia worked on more than $1 billion in commercial space deals involving sovereign governments, SpaceX, and NASA.

Joining him are Anand Subramanian, who previously founded venture-backed companies ContextWeb and NimbleTV, and Manlio Di Stefano, Italy’s former Vice Minister of Foreign Affairs.

Nebex Team

The combination gives Nebex leadership with experience across commercial space, financial markets, entrepreneurship, and international government relations.

Alongside the funding announcement, Nebex disclosed a banking relationship with J.P. Morgan, reflecting growing interest from large financial institutions in the commercial space sector.

“J.P. Morgan is proud to support Nebex as it moves into its next phase of growth,” said Aneeka Sajid, Market Executive, Innovation Economy, Applied Tech at J.P. Morgan. “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.”

The financing arrives at a time when governments are increasing investments in space programs and private companies are taking on a larger share of missions that were once handled almost exclusively by traditional aerospace contractors. As those projects grow in size and complexity, companies like Nebex are betting that financial infrastructure will become just as important as launch vehicles, satellites, and spacecraft themselves.