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Investors will back space ventures with million-dollar bets

Seattle-area venture capital firm Fuse wants to light a spark for entrepreneurs focusing on the final frontier, and it’s willing to invest a million dollars to turn a good idea into a great startup.

The Fuse Space Program will focus on the Seattle space ecosystem in particular, said Brendan Wales, founding partner at the Bellevue, Wash.-based firm.

“There’s going to be a huge funnel of people spinning out of Blue Origin and Starlink and SpaceX and Boeing that are going to go build these next-generation companies, and we want to be there for them,” Wales told me. “We want people to know that we’re there to back them at Day Zero.”

By Alan Boyle

Mastermind of Cosmic Log, contributor to GeekWire and Universe Today, author of "The Case for Pluto: How a Little Planet Made a Big Difference," past president of the Council for the Advancement of Science Writing.

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