Human Element is a venture capital firm based in Greenwich, Connecticut, founded in 2024. It backs early-stage companies at the intersection of aerospace, defense, and advanced technologies, with investments including Firefly Aerospace, Reflex Aerospace, Albedo, K2 Space, and Gunzilla Games.
100% of their portfolio is in Defense & Space. Deal activity increased 100% year-over-year (2 deals in the last 12 months). Their most common stage is pre-seed (40% of deals). Average disclosed round size is $61.7M (across 3 rounds with reported amounts).
Portfolio
4
Fund Size
—
Top Stage
Pre Seed
Last 12 Mo
2
Team
RM
Ray Mayo
Human Element Ventures
Portfolio Breakdown
Stage Distribution
Investment Activity
DealsAvg Round Size
Portfolio
5 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Orbital | Pre-Seed | $5M | Jun 2026 |
 Reflex Aerospace | Series A | — | Nov 2025 |
 Firefly Aerospace | Series D | — | Nov 2024 |
| Firefly Aerospace | Unknown | $175M | Jan 2024 |
 Orbital | Pre-Seed | $5M | — |
Top Co-Investors
Wayfinder Ventures2 shared
Zero Knowledge Ventures2 shared
Anti Fund2 shared
Basis Set Ventures2 shared
UpHonest Capital2 shared
New Legacy Ventures2 shared
a16z speedrun2 shared
Antler2 shared
Mitsui & Co., Ltd.2 shared
RPM Ventures2 shared
Station F1 shared
Bayern Kapital1 shared
Alpine Space Ventures1 shared
High-Tech Gründerfonds1 shared
Last updated: 19 September 2026