# New Legacy Group

> New Legacy Group is a VC fund in New York backing Aerospace and Geospatial. See 11 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: New York, United States
- Total investments: 11
- Last investment: Jun 2026
- Lead investor: 9%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/new-legacy/
- Website: https://www.newlegacy.com

New Legacy Group is a VC fund in New York focused on Aerospace and Geospatial. New Legacy is a holding company for numerous investment, financial and family office related businesses. Some are wholly owned, some majority owned and some with minority positions. The group was founded in 2007 solving for one need and the different lines of business were created either with partners, existing businesses or by ourselves, inorder to fill needs in the marketplace. The common themes among the group of companies and things we strive have at its core: Excellence, Client First, Respect and Clear and Constant Communication

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Aerospace | 2 | 18% |
| Geospatial | 2 | 18% |
| Artificial Intelligence | 2 | 18% |
| PaaS | 1 | 9% |
| Automotive | 1 | 9% |

20 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 3 | 27% |
| Series A | 2 | 18% |
| Seed | 1 | 9% |
| Series C | 1 | 9% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Orbital | Orbital is a startup that is creating artificial intelligence data centers for deployment in low-Earth orbit to circumvent terrestrial power and cooling limits. The company specializes in satellite-based compute for AI inference workloads, utilizing continuous solar power and space's inherent radiative cooling. | $5M | Pre-Seed | Jun 09, 2026 |  |
| Anello Photonics | Anello Photonics is a technology company developing a silicon photonic optical gyroscope to navigate, position, and motion track autonomous applications in challenging GPS-jammed and spoofed environments. The company's technology portfolio spans over 28 issued patents, and over 44 pending patents, and includes an AI-based sensor fusion engine.It serves the robotics, defense, construction, agriculture, and autonomous vehicles industries. | $25M | Series B | May 04, 2026 |  |
| OpenLight | OpenLight is a manufacturing industry. | $50M | Series A | Apr 28, 2026 |  |
| OpenLight | OpenLight is a manufacturing industry. | $34M | Series A | Aug 26, 2025 |  |
| Sorcerer | Sorcerer builds weather balloons that fly for over six months, collecting 1000x more data per dollar and reaching previously inaccessible regions | $3.9M | Seed | Jun 12, 2025 |  |
| Urban Sky | Urban Sky is developing the first-ever reusable 'micro-sat' version of a near-space balloon, armed with sensors that collect high-value Earth observation data over entire cities, serving a multi-billion dollar imagery market and making daily and weekly aerial imagery collection a cost-effective reality. Leveraging advances in componentminiaturization, first-of-its-kind balloon reusability, and the high vantage point of the stratosphere, the Microballoon drastically reduces the cost of high-resolution remote sensing and weather-related data capture over broad areas, leading to more impactful data over more areas than ever before.With a new wealth of data from the stratosphere - this completely untapped layer of Earth’s atmosphere - we can fundamentally change the collective human understanding of the surface of our planet and urban centers. | $30M | Series B | Feb 06, 2025 |  |
| Anello Photonics | Anello Photonics is a technology company developing a silicon photonic optical gyroscope to navigate, position, and motion track autonomous applications in challenging GPS-jammed and spoofed environments. The company's technology portfolio spans over 28 issued patents, and over 44 pending patents, and includes an AI-based sensor fusion engine.It serves the robotics, defense, construction, agriculture, and autonomous vehicles industries. |  | Series B | Nov 18, 2024 |  |
| Samara | Samara is a home services company that provides home renovation, interior design, and architectural services. | $41M | Series A | Oct 30, 2023 |  |
| Urban Sky | Urban Sky is developing the first-ever reusable 'micro-sat' version of a near-space balloon, armed with sensors that collect high-value Earth observation data over entire cities, serving a multi-billion dollar imagery market and making daily and weekly aerial imagery collection a cost-effective reality. Leveraging advances in componentminiaturization, first-of-its-kind balloon reusability, and the high vantage point of the stratosphere, the Microballoon drastically reduces the cost of high-resolution remote sensing and weather-related data capture over broad areas, leading to more impactful data over more areas than ever before.With a new wealth of data from the stratosphere - this completely untapped layer of Earth’s atmosphere - we can fundamentally change the collective human understanding of the surface of our planet and urban centers. | $9.8M | Series A | Oct 16, 2023 |  |
| Electric Hydrogen | Decarbonizing the physical world | $380M | Series C | Oct 02, 2023 |  |

10 of 11 investments shown.

## Co-investors
- [Catapult Ventures](https://shizune.co/investors/profile/catapult-ventures) — VC Fund, 6 deals together
- [Eniac Ventures](https://shizune.co/investors/profile/eniac-ventures) — VC Fund, 4 deals together
- [Capricorn Investment Group](https://shizune.co/investors/profile/capricorn-investment-group) — VC Fund, 2 deals together
- [Denver Ventures](https://shizune.co/investors/profile/denver-ventures) — VC Fund, 2 deals together
- [IronGate Capital Advisors](https://shizune.co/investors/profile/irongate-capital-advisors) — VC Fund, 2 deals together
- [K2 Access Fund](https://shizune.co/investors/profile/k2-access-fund) — VC Fund, 2 deals together

## Similar investors

### Similar stage
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

## FAQ

### What does New Legacy Group invest in?

New Legacy Group invests primarily in Aerospace, Geospatial and Artificial Intelligence startups, most often at Series B and Series A stage. Most of the 11 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did New Legacy Group last invest?

The most recent investment recorded for New Legacy Group closed in Jun 2026. Shizune tracks 11 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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