- Starcloud, a startup building data centers in space, said on Friday it had raised US$250 million at a US$2.3 billion valuation, as it looks to expand AI infrastructure through orbital data centers.
- Manhattan West led the round that included new investors Nvidia and Cisco Investments, alongside existing backers Benchmark, EQT and Soma.
- The startup was previously valued at US$1.1 billion in March, when it raised US$170 million.
- Starcloud is working with Nvidia on the Nvidia Space-1 Vera Rubin Module, designed to withstand radiation and extreme conditions in orbit.
- Starcloud is targeting a constellation of 88,000 satellites and 20 gigawatts of orbital compute capacity, and building a 100,000-square-foot manufacturing facility in Woodinville, Washington.
- Starcloud was founded in 2024 and has since raised a total of US$450 million in capital.
Starcloud, a pioneering startup in the space data center sector, has successfully raised $250 million at a $2.3 billion valuation, significantly up from its previous $1.1 billion valuation in March. The funding round, led by Manhattan West, also saw participation from tech giants Nvidia and Cisco Investments, alongside existing investors like Benchmark, EQT, and Soma.1246
With this new capital, Starcloud aims to enhance its AI infrastructure through the development of orbital data centers. The funds will be allocated towards expanding manufacturing capacity, engineering collaborations with Nvidia, and procuring new products. Starcloud is ambitiously targeting a constellation of 88,000 satellites and aims to achieve 20 gigawatts of orbital compute capacity. To support these goals, the company is constructing a 100,000-square-foot manufacturing facility in Woodinville, Washington for its next-generation Starcloud-3 spacecraft.5
The startup has now raised a total of $450 million since its inception in 2024. Notably, Lauren Selig from Manhattan West has joined Starcloud's board as an observer, indicating strong investor confidence in the company's vision and potential.
“The funding brings Starcloud's total capital to $450 million since its 2024 founding, up from a $1.1 billion valuation in March. The startup is targeting 88,000 satellites and 20 gigawatts of orbital compute capacity, and building a 100,000-square-foot facility in Woodinville, Washington.”
