Type 1 Ventures is a San Francisco based venture capital firm. It was founded in the August 2019 by Tarek Waked and Justin Walker. The name of the firm was inspired by Soviet astrophysicist Nikolai Kardashev's scale method for measuring a civilization's level of technological advancement and energy storage ability.
Type 1 targets investments in space industry and energy startups. According to the firm's website, it will invest up to $1.5 million in partner startups. In 2019, it was annocued that Type 1 made a seed level investment in Orbit Fab, a company that designs products to make refueling in space easier.