Starcloud secures $170m funding for space data centres

US-based abstraction tech institution Starcloud has secured $170m successful Series A backing led by Benchmark and EQT Ventures, valuing the institution astatine $1.1bn.

This milestone comes 17 months aft the company’s Y Combinator demo day, making it the fastest startup successful Y Combinator’s past to scope unicorn status.

The latest concern increases Starcloud’s full superior raised to $200m and much than doubles the size of the adjacent largest Series A circular by a Y Combinator company.

The backing is intended to enactment the plan and operation of Starcloud’s next-generation Starcloud-3 satellites, grow its workforce, procure aboriginal motorboat contracts, and found a dedicated manufacturing facility.

Benchmark wide spouse Chetan Puttagunta volition articulation Starcloud’s committee arsenic portion of the transaction.

Starcloud develops information centres successful debased Earth orbit, aiming to code rising request for computing powerfulness amid challenges successful expanding terrestrial infrastructure.

On Earth, gathering caller information centres and vigor projects tin instrumentality up to 5 years owed to permitting and operation delays.

By operating successful space, Starcloud aims to capitalise connected abundant, low-cost star energy.

The institution launched its archetypal satellite, Starcloud-1, successful November 2025 aft raising $3m successful pre-seed funding.

The ngo delivered respective manufacture firsts, including the deployment of an NVIDIA H100 GPU successful orbit, palmy in-space AI exemplary training, orbital inference connected Gemini, and a objection of exemplary fine-tuning beyond Earth’s atmosphere.

Starcloud plans to motorboat its 2nd outer aboriginal this year.

Starcloud-2 volition diagnostic what is described arsenic the largest commercialized deployable radiator sent into abstraction and is expected to connection 100 times the powerfulness procreation capabilities of its predecessor.

The outer volition beryllium utilized to tally commercialized borderline and unreality workloads for customers specified arsenic Crusoe and successful concern with AWS, Google Cloud, and NVIDIA.

The Series A circular was executed successful 2 tranches: 1 led by Benchmark with information from EQT Ventures and a consequent hold co-led by some firms.

Several different investors participated successful the oversubscribed round. These see Macquarie Capital, NFX, Nebular, Y Combinator, Adjacent, 776 Ventures, Fuse Ventures, Manhattan West, Monolith Power Systems, arsenic good arsenic idiosyncratic investors specified arsenic General Stephen Wilson, Dennis Muilenburg (former CEO of Boeing), and Kevin Johnson (former Starbucks CEO).

"Starcloud secures $170m backing for abstraction information centres" was primitively created and published by Verdict, a GlobalData owned brand.