Charter Space Raises $5M for Space Insurance

Charter Space, an El Segundo startup, raised a $5 million seed round led by Crystal Venture Partners to expand its space insurance brokerage. The company, a TechCrunch Startup Battlefield finalist, already serves over 50 space and defense companies after launching its nationally licensed brokerage in May. It has raised $8 million total and will grow sales and offerings like coverage for lunar missions and space-based nuclear power.