Drake Ventures is a family investment office and hedge fund in New York that focuses on venture capital investments. Founded 2001 in New York, United States, it invests in early stage companies. The company usually funds series A rounds. Its portfolio companies include Momentus, and AUrate. MOMENTUS provides in-space flights for satellites between orbits, and its satellite shuttles are powered by water plasma engines and make deployment of satellites at least two to three times cheaper. AUrate offers its clients a variety of jewelries through direct selling and online. As of March 2020, Drake Management has made two investments. Their most recent investment was on July 17, 2019, when Momentus raised $25.5M.