Starcloud has raised a $250 million Series A extension at a $2.3 billion post-money valuation to expand its effort to build data centers in space. Manhattan West led the financing, with participation from existing investors Benchmark, EQT, Soma, NFX and 776, along with new investors NVIDIA, Cisco Investments, Cedar Capital, Goanna Capital and Standard Capital, among others.
The financing brings Starcloud’s total capital raised since its 2024 founding to $450 million.
Starcloud’s collaboration with NVIDIA began with the November 2025 launch of Starcloud-1, which carried an NVIDIA H100 GPU into orbit.
The companies are now collaborating on NVIDIA’s Space-1 Vera Rubin Module, hardware designed for the unusual cooling and radiation requirements of space-based computing.
Starcloud expects its satellites to serve as early flight platforms for space-rated AI hardware.
Since launching Starcloud-1, the company says it has trained an AI model in space, operated Google’s Gemini in orbit and demonstrated inference and fine-tuning using flight hardware.
Starcloud’s long-term plan calls for a constellation of 88,000 satellites providing 20 gigawatts of orbital computing capacity.
The company is developing production lines for its next-generation Starcloud-3 spacecraft at a new 100,000-square-foot manufacturing facility in Woodinville, Washington.
Proceeds will support manufacturing capacity, engineering work with NVIDIA and procurement of future launch allocation.
KEY QUOTES:
“Last November we put the first NVIDIA H100 in orbit. Today this fresh capital empowers us to build the infrastructure to launch many more of NVIDIA’s most advanced GPUs into space.”
Philip Johnston, Co-Founder And CEO Of Starcloud
“Cisco has long been a leader in secure data center infrastructure and looks forward to bringing that expertise to the emerging world of orbital data centers. Cisco Investments is excited to invest in Starcloud as they expand data centers into space.”
Aleem Rizvon, Vice President At Cisco Investments
