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K2 Space raises $110 million to scale up satellite production

Summary by Space News

The company is betting on an industry shift toward larger satellites as launch costs decline The post K2 Space raises $110 million to scale up satellite production appeared first on SpaceNews.

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Space News

K2 Space raises $110 million to scale up satellite production

The company is betting on an industry shift toward larger satellites as launch costs decline The post K2 Space raises $110 million to scale up satellite production appeared first on SpaceNews.

9 days ago·Mojave, United States

California Startup Raises $110 Million for High-Power Satellites

Satellite manufacturer K2 Space raised $110 million in a Series B funding round to ramp up production of its high-power satellites following the company’s first successful test flight of the spacecraft.

9 days ago·United States

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Payload

K2 Space Raises $110M Series B

K2 Space, the CA-based startup attempting to build affordable, high-capacity satellite buses, announced a $110M Series B funding round yesterday to accelerate its satellite production. Lightspeed Ventures and Altimeter Capital led the round, which also included participation from existing investors Alpine Space Ventures and First Round Capital. K2’s total equity financing now stands at $180M. First flight: The influx of cash comes before K2 flie…

8 days ago

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FinSMEs

Circuit Raises $17M in Series B Funding

Circuit, a NYC-based short-trip, electric shuttle solutions company, raised $17M in Series B funding. The fund was led by MKB, with participation from existing investors Tribeca Venture Partners, Impact Engine, and others. The company intends to use the funds to support its expansion, further enhance its proprietary tech platform, and strengthen partnerships with cities, properties, […] The post Circuit Raises $17M in Series B Funding appeared f…

9 days ago

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